FBO

1. Finance Banking Officer. (HCO PL 29 Jan 71) 2. Flag Banking Officer. (FO 565) 3. Flag Bureau Org. (FSO 263)

finance banking officer. the fbo verifies and collects all income received by the org from the cashier or income dept, div 3, treasury division. this is done daily. the fbo immediately banks this money in a finance office account or in his safe, making express and useful records of this action. when the org or activity has undertaken its financial planning (fp), the fbo on his own discretion then transfers to that org's main account the needed funds. this is the allocation. the solvency of the orgs and areas is the responsibility of the fbo. [note Finance Banking Officer is also sometimes called Flag Banking Officer but either name denotes a position with duties as described above. Generally the abbreviation FBO is used to name the post.]

abbreviation for Flag Banking Officer, the representative of the International Finance Office in each org who has the purpose of (1) making the org make more money, (2) giving the org a well-paid staff and (3) making it very worthwhile for Flag to manage and help it. —Mission School 3rd Class Approved Glossary

abbreviation for Flag Banking Officer, the representative of the International Finance Office in each org who has the purpose of (1) making the org make more money, (2) giving the org a well-paid staff and (3) making it very worthwhile for Flag to manage and help it. The CLO Finance Office sends an FBO.(Division 7, Department 21) Flag(r) Banking Officer.abbreviation for Flag Banking Officer, the representative of the International Finance Office in each org who has the purpose of (1) making the org make more money, (2) giving the org a well-paid staff and (3) making it very worthwhile for Flag to manage and help it.