Letter – Page 3 – itho's internet resources

Bernard Lawrence “Bernie” Madoff: Who He Was and How His Ponzi Scheme Worked

By Itho December 16, 2008

[ad_1] Bernard Lawrence "Bernie" Madoff orchestrated the largest Ponzi scheme in history, defrauding thousands of investors of an estimated $65 billion. A once-respected financier and former chairman of the Nasdaq…

Who Needs It and How to Get It

By Itho September 30, 2008

[ad_1] What Is an Employer Identification Number (EIN)? The term "employer identification number" (EIN) refers to a unique identifier that is assigned to a business entity. It's provided to a…

Understanding Back-to-Back Letters of Credit in International Trade

By Itho September 29, 2008

[ad_1] What Are Back-to-Back Letters of Credit? Back-to-back letters of credit play a crucial role in international trade by using two separate letters of credit to facilitate transactions involving an…

Bank Rating: What They Are and How They Work

By Itho September 22, 2008

[ad_1] What Is a Bank Rating? A bank rating refers to a letter or numerical grade assigned to banks and thrift institutions by rating agencies. Grades are assigned to…

Certificate of Origin (CO): Definition, Types, and How to Get One

By Itho August 9, 2007

[ad_1] By Will Kenton Updated May 10, 2025 Reviewed by Andy Smith Reviewed by Andy Smith Full Bio Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator…

Bank Confirmation Letter: Purpose and How to Obtain

By Itho June 13, 2007

[ad_1] What Is a Bank Confirmation Letter (BCL)? A bank confirmation letter (BCL) is a formal statement issued by a bank confirming the availability of a loan or line…