Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Correspondent_account> ?p ?o }
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- Correspondent_account abstract "A correspondent account is an account (often called a nostro or vostro account) established by a banking institution to receive deposits from, make payments on behalf of, or handle other financial transactions for another financial institution. Correspondent accounts are established through bilateral agreements between the two banks.Commonly, correspondent accounts are the accounts of foreign banks that require the ability to pay and receive the domestic currency. The accounts allow them to pay others from the account or receive money from others into the account. This allows the bank to offer various services to their customers such as foreign exchange and foreign currency denominated loans and deposits, despite their not having a bank licence for the foreign country in that country's currency.Such accounts are necessary for international trade that requires people and businesses to pay for things in a currency other than their own. It is impractical to transport large amounts of currency around the world and physically exchange domestic currency for the currency that a customer/supplier demands. Instead, money is taken out of an account at a local bank (which is in local currency) and an equivalent amount of money is put in the customer's or supplier's account at their local bank (in a foreign currency). The money from the buyer's account goes to an internal account of your bank. The money to the customer or supplier comes from an account the buyer's local bank holds with a bank in the supplier's country—the buyer's bank's correspondent account, at their correspondent bank.".
- Correspondent_account wikiPageID "4115859".
- Correspondent_account wikiPageLength "3067".
- Correspondent_account wikiPageOutDegree "14".
- Correspondent_account wikiPageRevisionID "665303105".
- Correspondent_account wikiPageWikiLink Bank.
- Correspondent_account wikiPageWikiLink Banking_institution.
- Correspondent_account wikiPageWikiLink Banking_license.
- Correspondent_account wikiPageWikiLink Category:Banking_terms.
- Correspondent_account wikiPageWikiLink Currency.
- Correspondent_account wikiPageWikiLink Deposit.
- Correspondent_account wikiPageWikiLink Exchange_rate.
- Correspondent_account wikiPageWikiLink Financial_institution.
- Correspondent_account wikiPageWikiLink Financial_transaction.
- Correspondent_account wikiPageWikiLink Foreign_exchange_market.
- Correspondent_account wikiPageWikiLink International_trade.
- Correspondent_account wikiPageWikiLink Loan.
- Correspondent_account wikiPageWikiLink Nostro_and_vostro_accounts.
- Correspondent_account wikiPageWikiLink Patriot_Act.
- Correspondent_account wikiPageWikiLink Title_III.
- Correspondent_account wikiPageWikiLink USA_PATRIOT_Act.
- Correspondent_account wikiPageWikiLinkText "Correspondent Banking".
- Correspondent_account wikiPageWikiLinkText "Correspondent account".
- Correspondent_account wikiPageWikiLinkText "Correspondent bank".
- Correspondent_account wikiPageWikiLinkText "correspondent account".
- Correspondent_account hasPhotoCollection Correspondent_account.
- Correspondent_account wikiPageUsesTemplate Template:Finance-stub.
- Correspondent_account wikiPageUsesTemplate Template:Reflist.
- Correspondent_account wikiPageUsesTemplate Template:Usc-clause.
- Correspondent_account subject Category:Banking_terms.
- Correspondent_account hypernym Account.
- Correspondent_account type Book.
- Correspondent_account type Term.
- Correspondent_account comment "A correspondent account is an account (often called a nostro or vostro account) established by a banking institution to receive deposits from, make payments on behalf of, or handle other financial transactions for another financial institution. Correspondent accounts are established through bilateral agreements between the two banks.Commonly, correspondent accounts are the accounts of foreign banks that require the ability to pay and receive the domestic currency.".
- Correspondent_account label "Correspondent account".
- Correspondent_account sameAs Korrespondenzbank.
- Correspondent_account sameAs コルレスバンク.
- Correspondent_account sameAs Bank_korespondent.
- Correspondent_account sameAs Conta_correspondente.
- Correspondent_account sameAs m.0bjy43.
- Correspondent_account sameAs Корреспондентский_счёт.
- Correspondent_account sameAs Q1977925.
- Correspondent_account sameAs Q1977925.
- Correspondent_account wasDerivedFrom Correspondent_account?oldid=665303105.
- Correspondent_account isPrimaryTopicOf Correspondent_account.