Correspondent Bank Clause Samples
The Correspondent Bank clause defines the role and responsibilities of a financial institution that acts on behalf of another bank, typically to facilitate international transactions or services where the originating bank does not have a direct presence. In practice, this clause specifies which bank will serve as the correspondent, outlines the types of transactions it will process—such as wire transfers, currency exchanges, or payment settlements—and may detail the procedures for communication and settlement between the parties. Its core function is to ensure smooth and efficient cross-border banking operations by designating a trusted intermediary, thereby reducing delays and clarifying the flow of funds between institutions.
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Correspondent Bank. When payment is to be made to a payee's bank not located in the country of the disbursement currency, indicate full name and address of its correspondent bank located in the country of the disbursement currency. Provide SWIFT code if the bank is a member of SWIFT.
Correspondent Bank. The Bank of New York Mellon, NY SWIFT BIC Code: ▇▇▇▇▇▇▇▇ Aba No.: 021 000 018 ▇▇▇▇▇▇▇▇▇▇▇ Bank (Cayman) Limited, Grand Cayman SWIFT BIC Code: ▇▇▇▇▇▇▇▇ Account: ▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Holdings (Cayman) Limited Account number: 01210035143
Correspondent Bank. Where payment is to be made to a bank not located in the country of the currency to be paid, indicate its full name and address. Provide SWIFT code if the bank is a member of SWIFT.
Correspondent Bank. WACHOVIA BANK, N.A. ▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Fed wire/ABA Number: ▇▇▇▇▇▇▇▇▇ Swift Address: ▇▇▇▇▇▇▇▇▇▇▇ Beneficiary Bank: Bank of Montreal ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇▇ ▇▇▇ ▇▇▇ Swift Address: ▇▇▇▇▇▇▇▇ Transit & Beneficiary Account No.: 00044653512 Beneficiary Name: AURORA GOLD CORPORATION Transit & Beneficiary Account No.: 00044653512
Correspondent Bank. Northern Trust Intl. Bkg Corp. New Jersey Fedwire ABA# ▇▇▇-▇▇▇▇-▇▇ CHIPS ABA# 0112 SWIFT: CNORUS33 Caledonian Bank Limited Grand Cayman A/C Number: 118984-20230 SWIFT: CBTLKYKY Beneficiary Account Info: Account Name: TCA Global Credit Master Fund, LP Account Number: 0201420310849001
Correspondent Bank. UBS Switzerland AG, Zurich, Switzerland, SWIFT: ▇▇▇▇▇▇▇▇▇▇▇, For further credit: LLC "ATOMEXPO", Acc: 40 702 978 900 030 072 559 For the purposes of these Terms and Conditions the following terms are used: To participate in the Conference, one has to fill out the AGREEMENT, sign it and submit to ATOMEXPO LLC at the address: room 7, area 1, floor 4, bld. 40, ▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇., ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇. - For delegates with reports – prior to October 31, 2018; - For delegates without reports – prior to November 21, 2018. It is allowed to submit the signed AGREEMENT may be sent by fax + ▇ ▇▇▇ ▇▇▇ ▇▇ ▇▇ or e-mal: ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇. Since the number of reports in the Conference is limited, the Organizers have a right to decline applications of participation Delegate with a report- presentation if received after November 9, 2018. The payment shall be made within 10 banking days commencing the invoice issue date. Speakers shall pay the registration fee not later than October 31, 2018. The delegates of the Participants who failed to pay the invoice before the Conference start will not be allowed to attend. If a registered delegate is not able to participate in the Conference, the already paid participation fee shall not be subject to reimbursement. The Participant shall have the right to replace the delegate. The payment of any kind of participation, specified by the AGREEMENT, will be considered as the acceptance of the provided services on the terms and conditions set forth in the AGREEMENT. After the Conference the Participant has to sign the Act on the services provided within five days of its receipt. INFORMATION FOR AUTHORS: A registered delegate may make a presentation at one of the Conference events, if confirmed by the Organizer. The time and topic of the presentation shall also be confirmed by the Forum Organizing Committee. The presentation topic shall correspond to the topic of the event. Abstracts shall be submitted in electronic form not later than October 31, 2018 at ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇.
Correspondent Bank. JPMorgan Chase Bank N.A., New York (ABA ▇▇▇▇▇▇▇▇▇) • Correspondent Bank SWIFT Code: ▇▇▇▇▇▇▇▇ • Beneficiary’s Name & SWIFT Code: Meritz Securities Co., Ltd (SWIFT Code: ▇▇▇▇▇▇▇▇) • Account Number: 730969638
Correspondent Bank. It is a foreign bank that provides a money transfer service to beneficiaries whose residential area is located outside the Kingdom of Saudi Arabia accordance to the transfer agreement concluded with anb TeleMoney).