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Bank of Spain

The Bank of Spain (Spanish: Banco de España) is the central bank of Spain. Established in Madrid in 1782 by Charles III, today the bank

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zero balance

The account balance is zero when credit is equal to debit (accounting) A bank account has a zero balance when there is no money in

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World Bank [WB]

Is one of five institutions created at the Bretton Woods Conference in 1944, and provides loans to developing countries for capital programs. (source:

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withdraw money

Tto remove from deposit or investment in a bank, building society, etc (source:

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A removal of funds from an account. (source:

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wholesale banking

Wholesale banking is the provision of services by banks to organisations such as Mortgage Brokers, large corporate clients, mid-sized companies, real estate developers and investors,

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virtual bank

Internet based financial institution that offers deposit and withdrawal facilities, and other banking services, through automated teller machines or other devices, without having a physical

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