The Difference Between an Agency Office Located Abroad and a Subsidiary

The difference between an agency office located abroad and a subsidiary bank located abroad is

A) an agency office is just a home bank in another country, while a subsidiary bank is controlled by a foreign bank and subject to the same regulations as local banks.
B) an agency office is just a home bank in another country, while a subsidiary bank arranges loans and transfers funds but does not accept deposits.
C) an agency office arranges loans and transfers funds but does not accept deposits, while a subsidiary bank is controlled by a foreign bank and subject to the same regulations as local banks.
D) an agency office arranges loans and transfers funds but does not accept deposits, while a subsidiary bank is just a home bank in a foreign country.
E) an agency office is controlled by a foreign bank and subject to the same regulations as local banks, while a subsidiary bank arranges loans and transfers funds but does not accept deposits.