When an overseas banking operation is incorporated within the parent bank, what is it called?

Name: When an overseas banking operation is incorporated within the parent bank, what is it called?
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Question

Quizplus · Accepted Answer

A branch bank is an extension of the parent bank and operates overseas as part of the same legal entity, unlike a subsidiary, which is a separate legal entity, or an affiliated or correspondent bank, which involves a partnership or cooperative arrangement between different banks.

When an Overseas Banking Operation Is Incorporated Within the Parent