Agent Bank
nounid
1464·updated May 9, 2026verified
A member of a bankcard company that agrees to participate in an acquirer's merchant processing program. The agent may be liable for losses incurred on its merchant accounts. An agent is usually a small financial institution that wants to offer merchant processing services as a customer service. Agent banks that only refer merchants to an acquiring financial institution's program are known as referral banks.
polysemousMWE
Attested in
No recorded attestations. They are written when an MWE tagging stage is completed, stamped with the pack version and the document’s digest.
Classifications
Entity Type
Organization85%llm-generatedllm:claude-haiku-4-5
Sensitivity
—80%llm-generatedllm:claude-haiku-4-5
Information Class
unclassified
Variants
- synonym
- lead bank
- plural
- Agent Banks
- possessive
- Agent Bank's
- pluralpossessive
- Agent Banks'
Framework definitions
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- A member of a bankcard company that agrees to participate in an acquirer's merchant processing program. The agent may be liable for losses incurred on its merchant accounts. An agent is usually a small financial institution that wants to offer merchant processing services as a customer service. Agent banks that only refer merchants to an acquiring financial institution's program are known as referral banks.
- §1
- a bank that acts as an agent for a foreign bank
- §2
- a bank named by a lending syndicate of several banks to protect their interests
- §1 · legacy_primary
- A member of a bankcard company that agrees to participate in an acquirer's merchant processing program. The agent may be liable for losses incurred on its merchant accounts. An agent is usually a small financial institution that wants to offer merchant processing services as a customer service. Agent banks that only refer merchants to an acquiring financial institution's program are known as referral banks.DR-088 backfill from the noun definition column
Outgoing relationships
No outgoing triples
This term is not the subject of any RDF-style relationship yet.
Incoming relationships
No incoming triples
No other term currently asserts a relationship to this one.