Correspondent Bank definition

Correspondent Bank means the bank in Pakistan which provides correspondent banking services to bank or financial institution situated abroad and vice versa;
Correspondent Bank means the overseas bank with whom a member maintains its account for Clearing and Settlement of that member‟s forex trades.
Correspondent Bank means any bank (including any branch or Affiliate of the Bank) which provides any banking or other services to the Bank.

Examples of Correspondent Bank in a sentence

  • If we credit your account for any Fund Transfer, the credit we give you is provisional until we receive final credit for the Fund Transfer through our Correspondent Bank or other applicable payment system.

  • The Subject Borrower, acting through [name of Primary Dealer] as its duly authorized agent, hereby notifies Custodian that the Prepayment Amount will be delivered by [Name of Payor and Correspondent Bank].

  • CORRESPONDENT BANK: ABA Number: Account Number: By: (Authorized Bank Officer) Lending Bank: Address: ABA Number: Telephone Number: Attachment C Linked Deposit Participation Agreement Correspondent Bank Information for ACH Transfer Date: For future investment transactions with the Pooled Money Investment Board (PMIB), we request that the following correspondent bank/eligible lending institution be utilized for transacting all Automated Clearing House (ACH) debits and credits.

  • Attachment B Linked Deposit Participation Agreement Correspondent Bank Information for Fed Wires Date: For future investment transactions with the Pooled Money Investment Board (PMIB), we request that the following correspondent bank/eligible lending institution be utilized for transacting all Federal Reserve wire transfers.

  • If using a Correspondent Bank, please provide their RTN: I understand that by providing my email and fax number, I consent to receive email and faxes sent by EPCOR.


More Definitions of Correspondent Bank

Correspondent Bank means a bank in Singapore that provides or intends to provide correspondent banking or other similar services;
Correspondent Bank means the merchant bank in Singapore that provides or intends to provide correspondent banking services in Singapore;
Correspondent Bank means the banks in Pakistan, which provide correspondent banking services to banks or financial institution situated abroad and vice versa;
Correspondent Bank means a bank that provides banking services in the interests of another bank (initiating bank) or its customers, to a third bank (receiving bank) based on an agreement, or a contractual relation among them.
Correspondent Bank means the correspondent banks listed in the Appendix III of
Correspondent Bank means any office(s) or branch(es) of any bank (including those of M U F G Bank, Ltd. other than the office or branch of the Bank to which the application for this remittance was submitted and which accepted the same) and their agents used in the performance of this remittance; and
Correspondent Bank means a financial institution that provides services on behalf of another financial institution in a foreign country. It can facilitate wire transfers, conduct business transactions, accept deposits and gather documents on behalf of another financial institution;