Business Studies, asked by vijayakumary06, 1 year ago

about bank word's of and occ explain please​

Answers

Answered by xxZUBAKOxx
2

Explanation:

Bank OCC account meaning Bank Open Cash Credit.It is loan account offered by banking institutions against security like stock or Raw materials ,Finished Goods and Receivable Like Debtors and collateral like Land,Building,Plant & Machinery etc.

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