What Is CAR (Capital Adequacy Ratio)?
Standards for banks were developed by looking at a bank's capacity to pay its liabilities and respond to credit and operational risks through the capital adequacy ratio. A bank with a high capital adequacy ratio (CAR) can withstand future losses. CAR standards have been tightened up by (BIS) following the 2008 financial crisis.
A Guide to Learn About Low-Cost Ways to Transfer Money
Banks have been the dominant players in the market for money transfers for centuries. However, there's been an explosion of online money transfer services that want to compete with established players in recent years. They typically offer higher exchange rates, lower charges, and quicker delivery times for funds, so it's a great option to look for the most affordable way to transfer money internationally.
What Is the Definition of a Debit Balance?
A checking account held at a bank with a negative cash balance is said to have a debit balance. When this happens, the account is considered to be overdrawn, and the bank will not accept any checks written on the account that would cause it to have a negative balance. Instead, the bank will refuse to honor any checks that would lead it to have a credit balance.
