If I send money from canada to mexico do i need an intermediary Bank?
An intermediary Bank is any Bank through which a payment must go to reach the beneficiary Bank.
A Stand by Letter of Credit is usually given by banks or financial institutions to vouch on the integrity of a seller and purchaser, acting as an intermediary. The buy and sell agreement is made between the two parties that both must uphold their part.
I just spoke to Public Bank Malaysia, their Intermediary bank is JP Morgan
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An intermediary function is that in which your financial adviser/consultant will help you identify the correct investment or savings instrument for you. Many of the top Institutions only work through intermediary's. An intermediary should be completely independent and with full market availability to help you make a sound choice.
Depository institutions
merchant intermediary
Intermediary has six syllables.
An Investment bank, simply put, is an intermediary orgnization that uses its experties and financial knowledge to make possible for companies, institutions and governments to take advantage of business or investment opportinities.
An intermediary is someone who plays the middle role of any case.
RNA works through DNA's intermediary.
true a loan company is not a financial intermediary
A "go-between" acts as an intermediary between two individuals.
If I send money from canada to mexico do i need an intermediary Bank?
If the intermediary is an independent broker, then liability lies with the intermediary.
Intermediary bodies in many areas are already struggling to survive.