What is call money or call loans?

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Hunter Padberg asked a question: What is call money or call loans?
Asked By: Hunter Padberg
Date created: Tue, Apr 20, 2021 9:37 AM
Date updated: Sat, Jun 25, 2022 3:26 AM

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Top best answers to the question «What is call money or call loans»

Call money is any type of short-term, interest-earning financial loan that the borrower has to pay back immediately whenever the lender demands it. Call money allows banks to earn interest, known as the call loan rate, on their surplus funds. Call money is typically used by brokerage firms for short-term funding needs.

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