Multiple Choice
Correspondent banking is a relationship between:
A) banks in two different countries
B) a commercial bank and an investment bank in which the investment bank provides a number of deposit, lending and other services
C) a small bank and a large bank in which the large bank provides a number of deposit, lending and other services
D) a large bank and non-banking financial institution
Correct Answer:
Verified
Correct Answer:
Verified
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