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Q: What is the correspondent banks of rahim bank Cyprus?
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The Unicredit bank austria is itself corresponding bank to it. There is no separate correspondent bank.


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The US correspondent bank for Royal Bank of Scotland is The Royal Bank of Scotland N.V., located in New York. Royal Bank of Scotland has correspondent banks all over the world.


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What is correspondent bank of abu dhabi commercial bank?

It was created as one of the oldest banks in the UAE. The bank is a joint-stock company and a related company of the HSBC Group. It provides retail banking, commercial banking, investment banking, Islamic banking, brokerage services and asset management services.


What is the difference between an intermediary bank and a correspondent bank?

An intermediary bank is the bank who forwards the cash often because the original bank is a small bank that doesn't handle foreign payments. It does not keep the cash, but simply assists in the transfer of funds. The correspondent bank comes into play if the end recipient is located in a country where the currency transferred is not the native currency. For instance if you transfer USD to Laos. Then there will be a correspondent bank that covers all transfers to the Laos bank. The end bank then has an account at the correspondent bank where it has all it's foreign currency covered. Often (but not always) the correspondent bank will be a bank located in the country where the currency is native. For instance the USD correspondent banks will often be an American bank.


How do you find a correspondent bank of all foreign banks?

One would look for a bank that is native to the currency that he/she is wanting to bank with. Often the bank will be located in a country where the currency is the usual currency.


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How safe it is rahim international bank?

RAHIM International Bank is indeed a very small but safe and professional bank. I believe that smaller banks are safer than the bigger banks. You get the persona attention, direct contact with the Top Management and most importantly, banks of smaller scale do not have higher risks. They do day to day banking with full attention and that personal touch. All you have to be careful about is to make sure that you don't deal with any middlemen or any broker. Brokers and middlemen spoil the deal and blame the banks.


What are the US correspondent bank for PT bank negara Indonesia?

Correspondent Bank : Bank of New York ABA Routing # : 021000018 Account # : 8033166509