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 the bank in Pakistan which provides correspondent banking services to bank or financial institution situated abroad and vice versa;
Correspondent Bank means the bank authorised to provide services on behalf of another bank, as provided for in this Agreement;
Examples of Correspondent Bank in a sentence
The BANK shall not be liable for the actions of such Correspondent Xxxxx provided that in choosing a Correspondent Bank, the BANK did not act with gross negligence or willful misconduct.
More Definitions of Correspondent Bank
Correspondent Bank means any bank (including any branch or Affiliate of the Bank) which provides any banking or other services to the 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 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 the correspondent banks listed in the Appendix III of