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Practical English: Banking
How long does it take?
Hello. Can I help you, ma´am?
Yes. Could you tell me how to send some money to someone with an account with a bank in Germany?
Well, you can pay by mail, telegraphic or SWIFT transfer. Or you can have a banker´s draft and mail it yourself to the beneficiary.
Over the last several years, most countries´ tax laws discarded the concept of estimated useful life; each asset´s depreciation is nowadays computed over a period of years as prescribed by the laws for that type of property.
Such periods prescribed by the law are called prescribed recovery periods.
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