The principal activities of international banking are

Question

Quizplus · Accepted Answer

International banking involves accepting deposits from savers in one country and lending to borrowers in another country, while also providing other services such as foreign exchange transactions, trade finance, and global cash management. While currency swaps may be a part of these activities, they are not the primary focus. Fending off domestic or international regulations is not a primary activity of international banks, although they may need to comply with various regulatory regimes.

The Principal Activities of International Banking Are