DEFINITION
Request for Information

"Request for information": (RFI). Banking. A semi-formal document that a customer uses to confirm that use of a service provided is justified or to solicit ideas on how to solve a particular business or operational problem. The process helps to narrow down the list of banks that will be asked to bid.
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248
Characters
52
Words
53.92
Flesch Reading Ease
10
Flesch Kincaid Grade