correspondent bank in a sentence

Examples

1. It offers various financial services through its ten branches within Cambodia and 23 international correspondent banks, and currently holds and plans to extend noteworthy agricultural interests.
2. A correspondent bank, which is usually a small bank, has an account with a larger bank, such as Citibank, for the benefit of the correspondent bank's customer.
3. SVPCO Image exchange participants may also send images to financial institutions that are not members of SVPCO through links with the Fed, correspondent banks and third-party processors.
4. A correspondent bank, which is usually a small bank, has an account with a larger bank, such as Citibank, for the benefit of the correspondent bank's customer.
5. The bank is considering whether to extend its international network by way of correspondent banks located in other markets, either through alliance or an acquisition, Daberko said.
6. Holden also expanded overseas; it was the first foreign exchange department and, by 1919, it was acting as London bank to some 650 correspondent banks throughout the world.
7. The decision will be in effect for two months, the bank said, as it awaits " clarification of the correspondent banks'responsibilities with regard to anti-money laundering obligations ."
8. "We are telling our customers what they should do to prepare for the euro and to ensure that the correspondent banks can handle the euro, " he said.
9. The decision will be in effect for two months, the bank said, as it awaits " clarification of the correspondent banks'responsibilities " in the fight against money laundering.
10. To stick to the rules, the platforms need to act as a correspondent bank, helping to structure a loan that is accomplished, in fact, by the partner bank.