agent bank Antonyms

No Synonyms and anytonyms found

Meaning of agent bank

Wordnet

agent bank (n)

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

agent bank Sentence Examples

1. The agent bank facilitated the loan application process on behalf of the financial institution.
2. As an agent bank, they were responsible for managing the financial transactions and accounts for their clients.
3. The agent bank played a crucial role in coordinating the international fund transfer on behalf of the multinational corporation.
4. Investors often rely on an agent bank to execute trades and handle transactions within the financial markets.
5. The agent bank acted as a trustee, overseeing the trust assets and ensuring compliance with legal requirements.
6. In the syndicated loan arrangement, the agent bank served as the central point of communication for all participating lenders.
7. The agent bank played a pivotal role in disbursing dividend payments to shareholders on behalf of the company.
8. When dealing with foreign exchange transactions, the agent bank ensured timely and accurate currency conversions.
9. The agent bank collaborated with regulatory authorities to ensure compliance with financial regulations and reporting requirements.
10. As an agent bank in the mortgage process, they assisted in the collection of payments and management of escrow accounts.

FAQs About the word agent bank

What is the meaning of the word 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

What are the synonyms of the word agent bank

No synonyms found.

What are the antonyms of the word agent bank

No antonyms found.

What is the usage of word agent bank

The agent bank facilitated the loan application process on behalf of the financial institution.

As an agent bank, they were responsible for managing the financial transactions and accounts for their clients.

How to use the word agent bank in a sentence?

The agent bank played a crucial role in coordinating the international fund transfer on behalf of the multinational corporation.

Investors often rely on an agent bank to execute trades and handle transactions within the financial markets.