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Literally, naamloze vennootschap means nameless venture, since the shareholders in a public company can remain anonymous.Stocks of such a company trade on an exchange. This is the opposite of besloten vennootschap (an exclusive or closed partnership), which is a private limited company.iterally, naamloze vennootschap means nameless venture, since the shareholders in a public company can remain anonymous.
That is because there is no official governing standard called âglobal ACHâ or âinternational ACH.â. What most people mean when discussing âGlobal ACHâ is the direct deposit of funds into a cross-border bank account through that countryâs basic clearing mechanism. In the United States, NACHA (National Automated Clearing House Association) manages the ACH network of transactions for all the banks in the US. The equivalent of ACH in Europe is SEPA, the Single Euro Payments Area, which consists of 35 participating countries (with specific exclusions of certain territories).