Cryptocurrency Q&A What is COB in bank?

What is COB in bank?

lucas_emma_entrepreneur lucas_emma_entrepreneur Fri Nov 15 2024 | 5 answers 1099
I recently encountered the term 'COB' in a banking context and I'm not sure what it means. I'm wondering if it's a specific term used in the banking industry, and if so, what does it stand for and how is it used? What is COB in bank?

5 answers

Chloe_jackson_athlete Chloe_jackson_athlete Sun Nov 17 2024
The acronym COB stands for Close of Business.

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CryptoLodestarGuard CryptoLodestarGuard Sun Nov 17 2024
COB is frequently used as a synonym for EOD, which signifies the end of the day.

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CryptoSavant CryptoSavant Sun Nov 17 2024
It can also be referred to as EOB, representing the end of business.

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isabella_doe_socialworker isabella_doe_socialworker Sat Nov 16 2024
Another variation is COP, which denotes the close of pay.

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KpopHarmonySoulMate KpopHarmonySoulMate Sat Nov 16 2024
EOP is another term, standing for the end of pay.

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