Bank payment obligation

id: bank-payment-obligation-281-5737423
title: Bank payment obligation
text: Bank payment obligation (BPO) is a class of settlement solution in international supply chain finance. The solution is championed by SWIFT and the International Chamber of Commerce (ICC) Banking Commission as a means to move away from letter of credit schemes toward "support[ing] the development of a globally accepted standardised environment and establishment of the BPO as a neutral industry-wide practice".
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Bank_payment_obligation
date created:
date modified: 2024-01-23T14:51:17Z
main entity: {"identifier":"Q16837781","url":"https://www.wikidata.org/entity/Q16837781"}
image:
fields total: 13
integrity: 13

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