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The phrase "act as intermediaries" is correct and usable in written English
You can use it when describing a role or function where someone facilitates communication or transactions between two parties. Example: "In this negotiation, the consultants will act as intermediaries to ensure both sides reach a fair agreement."
Exact(60)
Apparently, shopkeepers allow these street vendors to act as intermediaries as long as they don't physically enter the shop of a competitor.
Embassy officials tried to act as intermediaries, Morsi advisers said.
Both companies act as intermediaries in the electricity market.
The commercial banks act as intermediaries for those loans.
Many young biotechnology firms act as intermediaries in tripartite alliance chains.
In general, households do not generate waste; they just act as intermediaries between producer and disposer.
process is that investment banks act as intermediaries between companies and investors.
Peer review takes months and requires journals to act as intermediaries.
On the Nasdaq, "market makers" act as intermediaries between buyers and sellers.
Screen readers act as intermediaries between the application and a voice synthesizer.
While being wooed, victims might unwittingly launder money or act as intermediaries.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com