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Agency Bank
A foreign bank doing business in the United States as an agent for its parent bank; such banks arrange letters of credit financing on behalf of the parent but do not accept deposits or make loans in their own name.
Copyright © 2005 UNODC - United Nations Office on Drugs and Crime.
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Banking INDEX:List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 A: Page 1 of 3.
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