What are the types of institution banks used to conduct foreign business?

Question

Quizplus · Accepted Answer

Banks use agency offices, subsidiary banks, and foreign branches to conduct foreign business. A) corporations are not necessarily institutions that banks use for foreign business, but some corporations may conduct foreign business. B) Central banks are government-run institutions that regulate the economy, not necessarily involved in conducting foreign business. C) Commercial banks may conduct foreign business, but the question specifically asks about types of institutions that banks use, not a type of bank itself. E) State-owned enterprises may conduct foreign business, but they are not necessarily institutions that banks use.

What Are the Types of Institution Banks Used to Conduct