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Banking

ما هو المستفيد؟

المستفيد The person or entity to whom a payment, such as a check, transfer, or remittance, is made or owed according to the instructions of a financial instrument or contract.

Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

How is “المستفيد” Used in Practice?

يجب أن يؤيد المستفيد الشيك قبل إيداعه في الحساب.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

ما هو المستفيد؟

The person or entity to whom a payment, such as a check, transfer, or remittance, is made or owed according to the instructions of a financial instrument or contract.

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