Home > Term: WIR cheque
WIR cheque
Booking orders issued by the individual members of WIR. WIR cheques are not cheques as defined under Swiss law. WIR booking orders are never paid out in cash, but instead entitle the bearer to acquire goods and services offered by WIR participants by way of exchange.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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