Finance English
Banking

¿Qué es Librado?

Librado The financial institution or party upon whom a check, draft, or bill of exchange is drawn and which is ordered to pay the specified sum to the payee.

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

How is “Librado” Used in Practice?

El librado, normalmente un banco, verifica fondos y paga al beneficiario.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

¿Qué es Librado?

The financial institution or party upon whom a check, draft, or bill of exchange is drawn and which is ordered to pay the specified sum to the payee.

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