agent bank Definition

agent bank

Definition

A bank that has been authorized by an individual to act as his/her agent. An agent bank would typically provide services such as back-office operations, processing of credit applications, and verification services.

Copyright©2009 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms on BusinessDictionary

fiduciary account

Popular 'Banking' Terms

negotiable
letter of credit
bank draft
bank
commercial bank

account
overdraft protection
compound interest
overdraft
lockbox

Related Personal Finance Articles

Loading...

agent bank in the news

Loading...

Tools

agent bank is ...

... part of the Banking subject.

Nearby Terms

agency bond
agency pass-through
agency security
agency theory
agent
agent bank
age-weighted plan
agglomeration
aggregate
aggregate corporation
aggregate demand

Search volume for agent bank

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Get our content on your iGoogle page | RSS

RSS

Add this Glossary to your Site | Bookmark InvestorWords.com
Home | Terms by Subject | Keyword Advertising | About Us | Contact Us
Work for InvestorWords.com
BusinessDictionary.com | InvestorGuide.com | WebFinanceInc.com
Disclaimer and Copyright©