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agency bank
a·gen·cy bank (plural a·gen·cy banks)


noun 
Definition:
 
agent for foreign bank: an organization acting solely for a foreign bank, e.g. by issuing letters of credit on its behalf, but that does not take deposits or offer other normal banking services
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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