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What is an intermediary bank to translate into English?


What is an English intermediary bank?


The English intermediary bank is the Intermediary Bank - is one of the intermediary institutions (Intermediary Institution).


An intermediary bank is a bank holding a Nostro account of a Vietnamese bank abroad. Correspondent Banks is Nostro Bank.


Nostro account is understood as an account of this bank opened at another bank to serve the professional activities of this bank.


What is an English intermediary bank?


Image source: medium.com


The English beneficiary bank is Account with Institution.


Beneficiary in English is Beneficiary Customer.




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Diệp Quân
Nguyen Manh Cuong is the author and founder of the vmwareplayerfree blog. With over 14 years of experience in Online Marketing, he now runs a number of successful websites, and occasionally shares his experience & knowledge on this blog.
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