Off-balance-sheet items for a bank are fee generating transactions which are not recorded on their balance sheet.

Name: Off-balance-sheet items for a bank are fee generating transactions which are not recorded on their balance sheet.
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Off-balance-sheet items are transactions that do not appear on a bank's balance sheet, but they can generate fees or create financial obligations for the bank. Examples include guarantees, futures contracts, and letters of credit.

Off-Balance-Sheet Items for a Bank Are Fee Generating Transactions Which