The Role of Correspondent Banks: Definition and ... - SuperMoney
https://www.supermoney.com/encyclopedia/correspondent-banking
WEBMar 28, 2024 · Introduction. Correspondent banking is a fundamental component of the global financial system, enabling banks to conduct cross-border transactions seamlessly. In this article, we’ll delve deeper into what correspondent banking entails, how it functions, and its significance in the modern banking landscape. What is correspondent banking?
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