Examlex
Describe the major types of buying situations.
Consumers
Individuals or groups who purchase goods and services for personal use.
Clearing House Interbank Payments System
An electronic payment system operated by major banks for the purpose of settling transactions among themselves.
Society of Worldwide Interbank Financial Telecommunications
An international organization that provides a network for financial institutions globally to send and receive information about financial transactions.
Client Accounts
Financial accounts held by a financial institution on behalf of its clients, often used for the safekeeping of money, securities, or other assets.
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