correspondent banking relationship definition
correspondent banking relationship means a business relationship which involves the provision of banking services by one bank ("the correspondent bank") to another bank ("the respondent bank"),
correspondent banking relationship means the provision of banking services by a correspondent to a respondent including providing a current or other liability account and related services, such as cash management, international funds transfers, cheque clearing, providing customers of the respondent with direct access to accounts with the correspondent (and vice versa) and providing foreign exchange services;
correspondent banking relationship means a relationship that involves the provision of banking services by one bank, (the “correspondent bank”) to another bank (the “respondent bank”) and, without limitation, includes—
More Definitions of correspondent banking relationship
correspondent banking relationship means a relationship that involves the provision of banking business services by one financial institution (the correspondent) to another financial institution (the respondent) where:
correspondent banking relationship means a relationship that involves a financial institution ("financial institution A") providing banking services to another financial institution ("financial institution B"), where -