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Monday 6 September 2010
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C
CONSOLIDATED BUDGET

By Consolidated Balance Sheet one intends the balance sheet (Assets and Liabilities Statement, Profit and Loss Account, and Supplementary Notes) of the company and how it incorporates the earnings and liabilities of all the units and subsidiaries that make up the company.
The consolidated balance sheet is therefore the document that best allows one to get to know and evaluate the earnings and financial situation of a group and its fiscal situation.

CASH TRANSFER

Operation in which a sum of money is transferred from one current account to another, including transfers between two different banks in different locations.
To make payments to third parties, customers may make a request to the bank, authorizing the transfer of funds, providing the banking coordinates of the beneficiary, including the CAB (Codice di Avviamento Bancario, a number that identifies the branch of the receiver), the ABI code (which identifies the bank), the recipient’s account number, the amount, and a brief reason for the payment.

C.B.I.

Corporate Banking Interbancario
An electronic interbank service that allows a company to interact, without leaving its own offices, with all the banks with which it has a relationship.  

CASH MANAGEMENT

A banking service that, in addition to making available to businesses a whole set of information on the status of relations entertained with the bank, provides an operative tool allowing businesses to execute transfers of funds, thus leading to more efficient treasury management.

CERTIFIER

Public or private entity that provides certification, issues certification of public keys, places the certificate in a public archive, publishes and updates the lists of suspended and revoked certificates.

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