Definition:
Correspondent Banking
Back to Finance Glossary | Previous Page
Correspondent banking is a system of relationships among depository institutions used to facilitate the exchange of services such as check clearing and exchanging information.Correspondent banking relationships may explicit or more informal in nature.
Latest Articles Related to Correspondent Banking
Back to Finance Glossary | Previous Page
This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.
