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A Representative Office

Question 26

Multiple Choice

A representative office


A) is a way for the parent bank to provide its MNC clients with a level of service greater than that provided through merely a correspondent relationship.
B) is a small service facility staffed by parent bank personnel that is designed to assist MNC clients of the parent bank in dealings with the bank's correspondents.
C) is a step up from a correspondent relationship,but below a foreign branch.
D) all of the options

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