agent bank Antonyms
No Synonyms and anytonyms found
Meaning of agent bank
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
- 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.
- 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.
- The agent bank acted as a trustee, overseeing the trust assets and ensuring compliance with legal requirements.
- In the syndicated loan arrangement, the agent bank served as the central point of communication for all participating lenders.
- The agent bank played a pivotal role in disbursing dividend payments to shareholders on behalf of the company.
- When dealing with foreign exchange transactions, the agent bank ensured timely and accurate currency conversions.
- The agent bank collaborated with regulatory authorities to ensure compliance with financial regulations and reporting requirements.
- 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
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
No synonyms found.
No antonyms found.
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.
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.
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