Medi Assist Healthcare IPO

Explore
Open Demat Account Login
Finance Wiki
Trending Categories
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
#

Financial Terms

Electronic Clearing Service (ECS)

This system allows for the automatic transfer of funds from one bank account to another.

Understanding the intricacies of financial transactions is crucial in the world of finance. One such method is the Electronic Clearing Service (ECS), utilized by banks, corporations, and financial institutions for seamless payment transfers. This automated system eliminates the need for manual intervention and enables swift and secure fund transfers between two bank accounts. Let's delve deeper into the workings of ECS and its significance in the financial landscape.

Explore other categories
IPO
All terms and concepts related to the process in which a private company offers its shares to the pu
Learn More
The "Property" category in finance encompasses all aspects related to real estate and tangible asset
Learn More
All terms related to various types of organizations or individuals, like investors, banks, insurers,
Learn More
All terminologies and concepts related to financial derivatives, including options and futures contr
Learn More
All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o
Learn More
All terms and concepts related to the precious metal gold, including its price, trading, investment,
Learn More
All terms and concepts related to borrowing money, including different types of loans, interest rate
Learn More
All terms and concepts related to the placement of money in a bank account, including savings accoun
Learn More
Terms related to decisions and events initiated by a company that can impact its stock, such as divi
Learn More
All terms related to the basic goods used in commerce that are interchangeable with other goods of t
Learn More
Enjoy Zero Brokerage On Stock Investments
Send App Link