Agent bank

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.

Related Terms: 9 Agent bank, Agent, Authorize, Call, Credit, FICA, Ratio, ROC, ROCE

Other Related Pages: Category: Banking Starting With: A

Additional Related Terms: 10-K, Asset/equity ratio, Agent bank, Accrual of discount, Amortization of premium, At par, Agent, All or any part, At best, At call