A premature payment note presented by the bank to the client is called an inter bank certificate. Well, after some interval the bank will provide the clients with an additional sort of instrument which note as an inter bank participation certificate and this formal document may evening out short-term liquidity within the banking system. Here in the banking system there are two types of Inter-Bank Participators, for instance; 1st a risk sharing basis participation certificate, 2nd an inter bank participation certificate without risk sharing. No doubt, the inter-bank participation certificates are strict instruments which often used in commercial banks, whereas these certificates somewhat also use in regional rural banks where the clients are limited.
Inter-bank Participation Certificate Template Preview;