Correspondent Bank

nouncandidate·updated May 9, 2026

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An institution, acting on behalf of other institutions, that can settle the checks they collect for other institutions (respondents) by using accounts on their books or by sending a wire funds transfers. Generally, a provider of banking and payment services to other financial institutions.

MWE

Classifications

per-axis with provenance

Entity Type

Organization85%llm-generatedllm:claude-haiku-4-5

?unassignedlast reviewed —

Sensitivity

Regulated80%llm-generatedllm:claude-haiku-4-5

?unassignedlast reviewed —

Information Class

unclassified

Variants

3 surface forms

plural: Correspondent Banks
possessive: Correspondent Bank's
pluralpossessive: Correspondent Banks'

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