BANKER'S ACCEPTANCE title: banker's acceptance (SD-FT) (SAP Library - Glossary)
BANKER'S ACCEPTANCE category: Foreign Trade (SD-FT)
BANKER'S ACCEPTANCE explained:
An agreement on the part of an importer's bank to take on the responsibility of paying against a draft.
A banker's acceptance substitutes the importer's responsibility.
More terms such as banker's acceptance in Dictionary B.
- Manual Binding Definition:
- Help The specification of assignment rules describing the assignment of data to a container element or the exchange of data between two container elements banker's acceptance definition.
- Manual Background Action:
- Help An action that is executed in background mode. Optionally, user interface can be assigned to a background action banker's acceptance explain.
- Manual Broker Collections:
- Help procedure for the insurance company, in which brokers deal with payment transactions and communication with the customers for the insurance company. The special feature of broker collections is the banker's acceptance what is.
- Manual Benchmarking:
- Help business processes with comparison partners identified as superior by using benchmarks in order to evaluate and assimilate best practices. Can be performed by conducting visits or by leveraging banker's acceptance meaning.
- Manual Base System:
- Help operational objects of the application are managed. Base systems provide information to the strategic layer of the application. Examples of base systems for SAP xRPM include both SAP and non-SAP banker's acceptance abbreviation.
