A non-depository intermediary is a financial institution that does not take or hold deposits.
merchant intermediary
An intermediary bank is one that receives payment before it gets to the beneficiaries bank. This is the middleman between the paying bank and the receiving bank.
a go-between
An intermediary customer, often referred to as a middleman or intermediary, is an entity or individual that acts between the producer and the end consumer in the distribution process. They facilitate the sale of goods or services by purchasing from manufacturers and selling to retailers or directly to consumers, providing added value through services like logistics, marketing, and customer support. Examples include wholesalers, distributors, and brokers. Their role is crucial in streamlining the supply chain and enhancing market reach.
disintermediation
merchant intermediary
Intermediary has six syllables.
An intermediary is someone who plays the middle role of any case.
The primary difference between depository institutions and most nondepository institutions lies in their ability to accept deposits. Depository institutions, such as banks and credit unions, can take customer deposits and provide services like checking and savings accounts. In contrast, nondepository institutions, such as insurance companies and investment firms, do not accept deposits but instead offer services related to investments, insurance, and financial advice. This distinction impacts their regulatory requirements and the types of financial products they provide.
true a loan company is not a financial intermediary
RNA works through DNA's intermediary.
If I send money from canada to mexico do i need an intermediary Bank?
A "go-between" acts as an intermediary between two individuals.
If the intermediary is an independent broker, then liability lies with the intermediary.
Intermediary bodies in many areas are already struggling to survive.
To send a wire transfer through an intermediary bank, you need to provide the intermediary bank's information along with the recipient's details to your own bank when initiating the transfer. The intermediary bank will then facilitate the transfer to the recipient's bank.
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.