agent bank Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “agent bank” in the English Dictionary

"agent bank" in Business English

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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)
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“agent bank” in Business English

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