Agent Bank
nounid
1464·updated May 9, 2026candidate
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.
MWE
Classifications
Entity Type
Organization85%llm-generatedllm:claude-haiku-4-5
Sensitivity
Regulated80%llm-generatedllm:claude-haiku-4-5
Information Class
unclassified
Variants
- 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.
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.