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A proof of funds (POF) is a document such as a bank statement proving that a person or a company has the financial ability to perform a transaction or meet a potential future liability. The POF can be issued by a bank, a financial institution or a trade finance provider.
The Open Document Format for Office Applications (ODF), also known as OpenDocument, standardized as ISO 26300, is an open file format for word processing documents, spreadsheets, presentations and graphics and using ZIP-compressed [6] XML files. It was developed with the aim of providing an open, XML-based file format specification for office ...
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Microsoft Word 4/5/6.0/95 DOC, DOT Document Yes Up to 3.6 [80] Microsoft Word 97–2003 DOC, DOT Document Yes Yes Microsoft Word 2007-2021 DOCX Document Yes Yes Microsoft Word for Mac Document From 4.1 [71] Word 1–5.1 Microsoft Word for Windows 2.0 DOC, DOT Document Yes Yes Microsoft Works: WPS, WKS, WDB Multiple Yes [77] [70]
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The term EDI encompasses the entire electronic data interchange process, including the transmission, message flow, document format, and software used to interpret the documents. However, EDI standards describe the rigorous format of electronic documents , and the EDI standards were designed, initially in the automotive industry , to be ...
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The MT202 COV is the bank-to-bank order that instructs funds movement in alignment with the MT103 messages. The MT202 COV is needed because of correspondent banking networks and the complexity of international funds movements. Thus, an MT103 instruction is sent directly from the originator's bank to the beneficiary's bank instructing an account ...