Define correspondent banking. Why do banks enter into correspondent relationships?

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Financial Institutions, Markets And Money

ISBN: 1704

12th Edition

Authors: David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard W. Sias

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Question Posted: Sep 28, 2018 02:41 PM

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Define correspondent banking. Why do banks enter into correspondent relationships?

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Correspondent banking involves the sale of bank services to other banks ...View the full answer

Financial Institutions, Markets And Money

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