agent bank

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Synonyms for agent bank

a bank named by a lending syndicate of several banks to protect their interests

a bank that acts as an agent for a foreign bank

References in periodicals archive ?
Note 3: Financial facilities subject to the provisions of this article shall be paid only through governmental and non-governmental agent banks.
European Agent Banks can use the EBL to request the assignment of CUSIP identifiers and ISINs for syndicated loans originated in Europe.
Syndicated loans involve multiple lenders for each borrower, with agent banks acting as the liaison, transmitting information between parties.
Key agent banks also may take advantage of many other products and services, including merchant services, branded wholesale gift cards, asset liability management, corporate investment services and correspondent banking services.
Through the program, agent bank client companies offer the ATM access that a large bank can provide without sacrificing those qualities their customers find appealing about doing business with a smaller institution.
It will help ensure that cash settles simultaneously with the change in legal ownership of the asset recorded by the agent bank.
DTCC introduced its Reconciliation Services in 2008, which enabled agent banks and lenders to view and reconcile loans at all levels, from commitment and transaction level down to the individual contracts and fees, with all of the relevant transaction detail.
Deutsche Bank is one of the eight leading global agent banks using DTCC's reconciliation services.
MCPS has become a trusted partner with our agent banks by providing state-of-the-art technology with innovative payment solutions.
We are excited to have the opportunity to serve Silverton's agent banks and their merchant customers," said Stan Paur, president and CEO of Merchants' Choice Payment Solutions.
This service will complement our existing Loan/SERV Reconciliation and Messaging Services, both introduced in 2008, that automate and facilitate the trading and tracking of syndicated loans for both agent banks and lenders.
Century will collaborate with our Agent Banks to help them meet their customer and financial goals - plus they will continue to receive the same high quality, secure processing services they have grown to expect from RBS WorldPay.
Moneris provides transaction-processing services nationwide through numerous agent banks and serves the small- to medium-sized business market through direct sales and strategic partnerships.
Clearent provides debit- and credit-card payment processing to independent sales organizations (ISOs) and agent banks.
Moneris provides transaction-processing services nationwide through numerous agent banks and serves the small to medium-sized business market through direct sales and strategic partnerships.