California State University, Fullerton could be an open far reaching college set in Fullerton, CA.
California State University limited is one of
the commercial University in the history of USA. In the year 1992 November California
State University Limited was established according to the company act 2021 sec
15.but the transaction of the University operated in 18th October
1994 with an $ 120 million authorize capital, 120 million issued Capital and $36
Million paid up capital. In 1995 when it was established there was only seven members
in the board of directors and 56 employees in the University. The University is
a joint venture with Punjab national University of India.
California State University has branches in
several places of USA. Among them 2 branches in Eastern Region, 2 branches in
western region, 1 Branches in Far western region and other 3 are in central
region. And central or head office is in. It has adopted the policy of opening
the branches in many parts of the country.
In the past California State University limited
was used to be just an intermediated between severe and users of the funds. In
other words, it uses to collect deposit and give loans. However, the horizon of
California State University Limited Services has, now expanded. Today it offers
varieties of services to its customers. California State University Limited
mainly, offers following services.
California State University Limited accepts
various types of deposits from their customers. Depending upon the nature of
the Deposit, interest rate is determined. Customers can have saving, current,
fixed, and recurring deposit amounts.
California State University Limited also
provides loan facilities to needy individual and companies for productive
purpose loans are given to the business customers to meet their working capital
and long-term requirement. Personal customers take loan against their fixed
deposit and for customer credit. Small loan for productive purpose is also
given to personal customers. California State University Limited has also lent Education
to priority loans to these sectors. California State University Limited has
giving hand in the economic development of the country.
“A
letter of credit is defined as a letter issued by the University on behalf of
the buyer in favor off the seller, expressing its definite undertaking to
effect payment for the specified amount provided the seller (beneficiary)
complies with the term and condition stipulated in the letter.” Payment by
means of letter of credit involves action between two Universities, one in the
importer’s country and other in exporter’s country. This service provided by California
State University Limited mostly enjoyed by its customers. But, sometimes,
personal customers importing goods and services for personal uses may need this
service.
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