TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CORRESPONDENT BANKING [3 records]

Record 1 2002-10-07

English

Subject field(s)
  • Banking
DEF

An arrangement under which one bank (correspondent) holds deposits owned by other banks (respondents) and provides payment and other services to those respondent banks.

French

Domaine(s)
  • Banque
OBS

Pluriel d'usage dans ce contexte.

Spanish

Save record 1

Record 2 1999-04-08

English

Subject field(s)
  • Banking
DEF

arrangement under which one bank provides payment and other services to another bank. Payments through correspondents are often executed through reciprocal accounts (so-called nostro and loro accounts) to which standing credit lines may be attached.

Key term(s)
  • correspondent banking

French

Domaine(s)
  • Banque
DEF

Arrangement aux termes duquel une banque offre à une autre banque des services de paiement et autres prestations. Les paiements effectués par l'intermédiaire des correspondants bancaires le sont souvent sur des comptes réciproques (dits «comptes loro et nostro»), qui peuvent être assortis d'une ligne de crédit permanente.

Spanish

Save record 2

Record 3 1989-01-15

English

Subject field(s)
  • Banking

French

Domaine(s)
  • Banque

Spanish

Save record 3

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