Cryptocurrency Q&A
What is a payment folio?
What is a payment folio?
Caterina
Tue Oct 29 2024
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7 answers
1280
I'm trying to understand what a payment folio is. Could someone please explain it to me in simple terms? I've encountered this term in a financial context and want to make sure I grasp its meaning.
7 answers
Nicolo
Thu Oct 31 2024
A folio number serves as a unique identifier for an individual's account in a mutual fund.
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Enrico
Thu Oct 31 2024
This number plays a crucial role in distinguishing investors within the fund.
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GwanghwamunGuardianAngelWingsBlessing
Thu Oct 31 2024
Much like a bank account number, it acts as a key to access one's investments.
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Lucia
Wed Oct 30 2024
It also keeps a detailed record of all transactions related to the investor's account.
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DongdaemunTrendsetting
Wed Oct 30 2024
The folio number not only identifies the investor but also tracks their financial contributions.
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