Sentence examples for correspondent relationship from inspiring English sources

Whether or not BaFIN's reprimand is directly connected with the money laundering revelations, the fact remains that Deutsche Bank has some serious questions to answer regarding its conduct during the period of its correspondent relationship with Danske Bank Estonia.

Citibank has already established correspondent relationship services agreement with Iraq's Warka Bank that allows clients of both banks to execute cash payments, wire transfers and trade transactions to both corporate and retail entities in all Iraq's cities and provinces.

Susan Harris, the owner of Shoreline, said she had correspondent relationships with about 40 banks, including some in California, Florida and Iowa.

Money makes its way to Dubai -- and eventually to Somalia -- through a series of "correspondent" relationships that Barakaat has with major international banks.

And knowing where to look for the best rates and niche markets is why brokers forge correspondent relationships with banks and other lenders across the nation.

The exact size of the retreat is difficult to gauge because of a dearth of recent global data, but executives at such firms say they are dropping as many as a third of their correspondent relationships.

Bigger banks, which are even more reliant on access to dollars and foreign "correspondent" relationships, could soon become stressed if sanctioned.Such sanctions have been used increasingly since the 1990s, and their fans point to various successes.

The bank's Mexican operations were also cited, with billions of dollars of drug money allegedly being transported in cash by the bank through its bulk money-transfer business (since shut down).In the not-so-distant past, when banks entered "correspondent" relationships with other banks, they typically only required lenders to be licensed.

The bank's Mexican operations were also cited, with billions of dollars of drug-money allegedly being transported in cash by the bank through its bulk money-transfer business (since shut down).In the not-so-distant past, banks typically entered "correspondent" relationships with other banks which needed only to be licensed.

Casas often have correspondent relationships with U.S. banks and are widely used by Mexicans working in the U.S. to remit funds to families back home.

Although their correspondent relationships were of shorter duration, both J.P. Morgan and Bank of America helped to facilitate the enormous dollar flows in and out of Danske Bank Estonia.