BPO meaning in Business ?

Answer: What is Bank Payment Obligation mean?

Bank payment obligation (BPO) is a class of settlement solution in international supply chain finance.

The solution is championed by SWIFT and the International Chamber of Commerce (ICC) Banking Commission as a means to move away from letter of credit schemes toward "support[ing] the development of a globally accepted standardised environment and establishment of the BPO as a neutral industry-wide practice".

reference

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Berlin Philharmonic Orchestra	Arts
Belgrade Philharmonic Orchestra	Arts
Budapest Philharmonic Orchestra	Arts
Baltic Ports Organization	Business
Business Process Offshore	Business
Business Processing Outsourcing	Business
Bank Payment Obligation	Business
Brookfield Properties Corporation	Business
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Bankers' Pay Order	Business
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Buffalo Philharmonic Orchestra	Community
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Boost Python Object	Computing
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Boss Playa Organization	Computing
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Biologic Preservation Organization	General
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Blanket Purchase Order	General
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Business Passed On	General
Bath People Only	General
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Be contemptuous of public opinion	Governmental
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BARIPADA	Indian Railway Station
Brutality Power Overwhelming	Military and Defence
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Broker Price Opinion	Stock Exchange