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Headroom (or marketing headroom) is a facility which will generally be sanctioned in multinational banks, which can be a primary (fund based or non-fund based) or settlement limit sanctioned to the customer, but will not be revealed to the customer as to how much amount is sanctioned.
When the customer gets back to the bank asking for a temporary increase in limits to meet exigencies, RM can facilitate this to the customers. This is beneficial because turn around time in disbursing the amount to the customer is lower as the facility is already sanctioned and the relationship manager can disburse it.
Good day. In today's digital world, online banking is becoming increasingly popular. Online banking Comenity is at the forefront of this revolution, offering customers a convenient and secure way to manage their finances from the comfort of their own home. When performing financial transactions with this online bank, difficulties rarely arise, but if this happens, then you don’t have to look for the comenity number but tell them about your problem online, and they will offer options for solving it.
It is the flexibility limit which the bank has given to the borrower. This is provided over and above normal business case debt assessed for the company. Banks do not have much of re-assessment required in case of need of such limits. However, beyond this, the borrower needs to be re-assessed by the Bank and with more vigilance.
(hĕd′ro͞om′, -ro͝om′)n.
1. Space above one's head, as in a motor vehicle, above a doorway, or in a tunnel; clearance. Thus, a contingent facility, over and above the facilities asked for, which can be provided to the customer as per the rules and norms of the bank.
