Who is counter party in Bank credit transaction? - ProProfs Discuss
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Who is counter party in Bank credit transaction?



A. The person who stands across the counter to remit the EMI or part payment.
B. The third paty guarantor
C. The Co obligant
D. A party to whom a bank has an on- or off-balance sheet credit exposure.
E. The consultant who canvasses business

This question is part of N.Rangarajans Model Online Test for Promotion in Banks (India)
Asked by Rajatvk, Last updated: Feb 04, 2020

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1 Answer

John Smith

John Smith

Answered Mar 16, 2017

A party to whom a bank has an on- or off-balance sheet credit exposure.
 

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