Combined Statement Definition

What is a Combined Statement? A combined statement includes information on a customer’s various retail banking accounts onto a single periodic statement. Banks and financial institutions offer combined statements for the convenience of the customer and cost efficiency of the bank. Businesses and individuals may request to receive combined statements. Key Takeaways The combined accounting…

Top 15 Best Funny Cheddarbacon Illustrations That’s Just Plain Truth

Hi my little Pom’Potes caps, tell me, I was wondering: do you also happen to look in the mirror and wonder if it’s really you who are hiding behind this petrified face? facial expressions that only reflect the emptiness of your soul drowned in the ineptitude of your existence? Well I don’t really have an…

Prepaid Cards Processor Definition

What is a Prepaid Cards Processor? A prepaid cards processor is a company that processes transactions for prepaid payment cards. Prepaid card processors are responsible for processing transactions for prepaid credit or debit cardsgift cards, payroll cardsand other payment cards that are considered secured by the front-loading of money. Key Takeaways A prepaid cards processor…

International Petroleum Exchange (IPE) Definition

What is the International Petroleum Exchange (IPE)? The International Petroleum Exchange (IPE), established in 1980, was a London-based exchange for futures and options on several energy-related commodities. It has been a subsidiary of the Intercontinental Exchange (ICE) since being purchased in 2001 and is now known as ICE Futures. Key Takeaways International Petroleum Exchange (IPE) was…