BitcoFrex Cryptocurrency guide and news

What Is a Bank Account Number? A bank account number is a unique string of numbers and, sometimes, letters and other characters that ide...

What Is a Financial Institution (FI)? A financial institution (FI) is a company engaged in the business of dealing with financial and mo...

What Is Annual Percentage Rate (APR)? Annual percentage rate (APR) refers to the yearly interest generated by a sum that’s charged to bo...

What Is Compound Interest? Compound interest is interest that applies not only to the initial principal of an investment or a loan, but ...

What Is a Letter of Credit? A letter of credit, or a credit letter, is a letter from a bank guaranteeing that a buyer’s payment to a sel...