What does the term "Ex Gratia Payment" mean?

What is the payment that people receive after a mishap which leaves them in the same financial position as they were in before they suffered the loss called?

What type of account would someone who wants the facility to pay people through checks open?

What amount would someone who has $500,000 in one bank and $250,000 in another bank be insured for in total?

What method would a consumer most likely use to move funds between their offshore account and their domestic account?

Which of the following would not be covered by the FDIC?

What is meant by the term "Discrete Compounding"?

What does FDIC stand for?

Why do banks offer debit cards and off-site ATM machines?

What does the term "Nostro Account" imply?

Which of the following is a benefit of an offshore bank account?