One case study found that it takes ten days for a bank to process a simple student loan that should take one day, because the bank has to print out the online forms and courier them to the applicant for signatures, then wait for them to be returned by post only to scan them back into digital form.
However, life is a lot easier for me if I assume that the sun will rise in the East tomorrow morning, that my phone will periodically ring with consulting clients, and that my bank will process checks that I deposit.
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Imagine if every U.S. bank used a different electronic payment process for its bank cards and accounts.
Interestingly, Japan has embarked on a massive money printing scheme and has compromised the independence of its central bank in the process.
This threat makes little sense: You'd think it would cost a bank MORE to process lots of little transactions than a few big transactions.
The bank is still in the process of negotiating the sale of 632 of its branches to the Co-operative Bank.
BCCI's financial condition prove not misfeasance, but the Bank's open process and seriousness of purpose.
They are learning about new ways to keep consumers satisfied, and boosting their bank balances in the process.
The bank is in the process of restructuring its business, which will involve the loss of up to 6, 000 jobs by 2016.
Wal-Mart had said it wanted to buy the bank so it could process 35 million ATM transactions monthly, retaining millions in debit-handling fees, which it could translate into savings passed onto customers.
It didn't give specifics, but that includes measures such as the Fed's assessment of a bank's capital planning process.
In the process it leapfrogged Bank Of Montreal in our rankings.
Mundell is proposing, in effect, a de facto super-regional currency area by managing the exchange rate between the dollar and the euro through a process of central bank coordination.
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They were engaged in a lucrative border trade in gems, logs and products such as shrimp, in the process swelling the bank accounts of local commanders whose compliance was required for the free flow of military hardware and commercial goods.
Major U.S. banks were required to deliver capital plans to the Fed by Jan. 9, and the central bank is now in the process of evaluating those reports, which include proposals on how and when firms intend to return capital to shareholders.
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Mr Hester started the process of reforming the bank in 2009 and said it would take up to five years.
There will be, as the bank points out, a learning process for borrowers and financiers alike in this emerging relationship.
The Bank has also insisted on a process of public consultation.
Mr Schneiderman said his office had documented hundreds of instances where Wells Fargo and Bank of America had failed to process refinancing requests from mortgage holders quickly enough, putting them at greater risk of foreclosure.
The actual process was the series of bank runs that happened through the early 1930s.
Take setting up a merchant account with a bank so that you can accept and process online payments.
The plans raised concerns the bank's independent decision-making process could be undermined.
After a time, the bank is allowed to commence a repossession process that can result in the house being auctioned off to the highest bidder.
The Takeover Panel is now set to announce its reasons for rejecting an appeal by Japanese bank Nomura over the confused sealed bidding process for Welsh utility Hyder.
Exactly what is most crucial in the process of nation-building the Bank's experts do not say.
Abbas' rival Fatah controls the West Bank and has been engaged in the peace process with Israel.
My husband and I recently refinanced our mortgage, and the bank sent us our credit scores during the process.
Authorities in Cyprus are in the process of winding up the Laiki Bank.
And even fans of Danamodal, the country's bank-restructuring outfit, admit that the process is less transparent than it was in Indonesia and Thailand.
For example, we are now in a process of trying to solve a bank insolvency crisis, an unemployment problem, and a fiscal deficit problem, with a monetary solution.
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