A representative office
A) is what lawyers' offices are called in Mexico.
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 small service facility staffed by correspondent bank personnel that is designed to assist MNC clients of the parent bank in dealings with the bank's correspondents.
D) none of the above
Correct Answer:
Verified
Q6: By far the most important international finance
Q22: A foreign branch bank
A)is a small service
Q22: A foreign branch bank
A)is a small service
Q23: A foreign branch bank operates like a
Q24: Which of the following are reasons why
Q27: A representative office
A)is a way for the
Q28: Why would a U.S. bank open a
Q30: A bank may establish a multinational operation
Q30: A correspondent bank relationship is established when
A)two
Q36: A bank may establish a multinational operation
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