Examples of Correspondent Agent in a sentence
In France, these documents can be obtained from the Centralising Correspondent Agent : BNP Paribas Securities Services, 3, rue d’Antin, 75002 Paris, France.
In the course of providing the Banking Service or entering into the transactions hereunder, the Bank or the Correspondent Agent may need (but not obliged) to record verbal instructions received from the Client and/or any verbal communications between the Client and the Bank in relation to any of the Banking Service.
While the Bank shall follow reasonable procedures in selecting the Correspondent Agent, no assurance or guarantee can be given and no warranty or representation is made as to the Correspondent Agent’s service, or its suitability, content, performance, timeliness, accuracy, reliability, solvency or completeness or otherwise.
Subject to the Applicable Laws, the Bank is entitled to outsource or delegate any of the Bank’s functions under the Agreement to any Affiliate or any Correspondent Agent whether in Hong Kong or elsewhere for the performance of such functions in such manner conclusively determined by the Bank and when the Bank considers fit.
The Bank has currently outsourced or delegated some of its funcions to its Affiliate and Correspondent Agent and may make further outsourcing arrangement when it thinks appropriate without further notice to the Client provided always that the Bank remains ultimately liable for such outsourced activities.