A(n)___________ bank is an unrelated bank (by ownership)that is based in a foreign country.

Name: A(n)___________ bank is an unrelated bank (by ownership)that is based in a foreign country.
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A correspondent bank is an unrelated bank based in a foreign country that provides services on behalf of another bank, typically in their home country. They do not have ownership or control over the other bank, but rather act as an intermediary to facilitate transactions and services.

A(n)___________ Bank Is an Unrelated Bank (By Ownership)that Is Based