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Balance on goods and services |
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Balance on goods and servicesNetting of transaction balances, including the net amount of payments of interest and dividends to foreign investors and investments, as well as receipts and payments resulting from international tourism.Balance on goods and services Similar MatchesTrade in servicesTrade in servicesThe provision of a service to buyers within or from one country by a firm in or from another country. Because such transactions do not involve a physical product crossing borders, they were not regarded as "trade" and were not covered by GATT. In the mid-1980s they were recognized as a form of trade and were incorporated into the WTO's GATS. Fiscal agency servicesFiscal agency servicesServices performed by the Federal Reserve Banks for the U.S. government. These include maintaining deposit accounts for the Treasury Department, paying U.S. government checks drawn on the Treasury, and issuing and redeeming savings bonds and other government securities. Concentration servicesConcentration servicesMovement of cash from different lockbox locations into a single concentration account from which disbursements and investments are made. Short term investment servicesShort term investment servicesServices that assist firms in making short-term investments. Financial Services Act 1986Financial Services Act 1986A Government Act introduced primarily to provide increased protection for investors and to regulate investment business conducted in the UK. Further SuggestionsHeadquarters servicesGeneral Agreement on Trade in Services Financial Services Compensation Scheme Tax preparation services Nonfinancial services Information services Financial Services Authority Bankers Automated Clearing Services |
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