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 ?
The agreement is to come into force before the end of the year and CAL Bank is to deploy about 1,000 agent banks in the next three years.
Note 3: Financial facilities subject to the provisions of this article shall be paid only through governmental and non-governmental agent banks.
Under the new Balance Reconciliation, agent banks will continue to enter individual transactions, but lenders will be able to match positions with the agent bank by entering balances only.
Syndicated loans involve multiple lenders for each borrower, with agent banks acting as the liaison, transmitting information between parties.
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.
The acquisition brings Silverton's agent banks and merchant customers into an existing network that delivers premium payment processing behind the scenes while banks retain their business banking relationships.
The Reconciliation Service enables agent banks and lenders to view and reconcile loan positions on a daily basis.
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.
We are looking forward to expanding our service to ISOs and Agent Banks across the U.