correspondent bank

noun

a bank that performs services for one or more other banks.

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Nearby words

correspondence principle, correspondence school, correspondence theory, correspondency, correspondent, correspondent bank, corresponding, corresponding angles, correspondingly, corresponsive, corrida

Origin of correspondent bank

First recorded in 1960–65

Related formscorrespondent banking, noun

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019