Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/25986
Title: Bank payment obligation (BPO) as an example of innovation in international finance
Other Titles: Uluslararasi finansta inovasyon ornegi olarak banka odeme yukumlulugu (BPO)
Authors: Golec, Nazire
Keywords: Banks and banking
Electronic funds transfers
International trade
Issue Date: 2015
Publisher: Ahmet Gökgöz
Citation: Golec, N. (2017). Bank payment obligation (BPO) as an example of innovation in international finance. Journal of Accounting, Finance and Auditing Studies, 1(2), 103-120.
Abstract: Bank Payment Obligation (BPO), has been developed as a new payment method to enable the exporters to access to interntaional market under the leadership of Interbank Financial Telecommunication (SWIFT) that is a system which provides electronic fund transfer among the banks all around the world. International Chamber of Commerce (ICC) has supported this payment method by issuing Uniform Rules for Bank Payment Obligations (URBPO) in April 2013. The aim of this paper is to analyze familiarness of Bank Payment Obligation (BPO),as an example of innovation in international trade.
URI: https://www.um.edu.mt/library/oar//handle/123456789/25986
Appears in Collections:Journal of Accounting, Finance and Auditing Studies, Volume 1, Issue 2
Journal of Accounting, Finance and Auditing Studies, Volume 1, Issue 2

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