agent bank Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “agent bank” in the English Dictionary

"agent bank" in Business English

See all translations

agent banknoun [C]

uk   us   BANKING
a ​bank that ​deals with ​localbusiness and ​financialarrangements for a ​foreignbank: If your ​bank can receive a ​wire in Singapore ​dollars then it will not go through an ​agentbank.
(also lead bank) a ​bank that ​represents a ​group of ​banks in ​managing large ​loans that they have made together: Goldman Sachs was the ​agentbank on the $1.23 ​billionloan.
(Definition of agent bank from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of agent bank?
Add Cambridge dictionaries to your browser to your website

“agent bank” in Business English

More meanings of “agent bank”

Word of the Day

parade

a large number of people walking or in vehicles, all going in the same direction, usually as part of a public celebration of something

Word of the Day

I used to work hard/I’m used to working hard (Phrases with ‘used to’)
I used to work hard/I’m used to working hard (Phrases with ‘used to’)
by Kate Woodford,
February 10, 2016
On this blog, we like to look at words and phrases in the English language that learners often have difficulty with. Two phrases that can be confused are ‘used to do something’ and ‘be used to something/doing something’. People often use one phrase when they mean the other, or they use the wrong

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More