BANKING Sujit Kumar Sharma  Jun 8 2021 10:29AM

What is ‘Credit-Netting’?

Sujit Kumar Sharma  Jun 11 2021 10:53AM

What is ‘Credit-Netting’?

A system to reduce the number of credit checks on financial transaction is known as credit-netting. Such agreement occurs normally between large banks and other financial institutions. It places all the future and current transaction into one agreement, removing the need for credit cheques on each transaction.

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