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For Further Credit


An instruction that is set by a bank to receive a wire transfer, specifying a second beneficiary as to the accountholder (transferee). For further credit is used in electronic funds transfers to notate a second beneficiary (recipient).

For further credit (FCC) indicates that the transferred money are not yet reaching the final destination but should be further credited to another account or beneficiary. FFC is typically used when the receiving bank account is not the ultimate beneficiary’s account but an intermediary leg in the transfer process.

A beneficiary/ recipient might provide the transferor with FFC details.



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Banking is an integral part of the modern financial system and plays an important role in an economy. It basically involves the so-called intermediation (e.g., ...
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