--%>
Assignment Help - homework help

Types of international banking offices

List different types of the international banking offices.

E

Expert

Verified

Services and operations that international bank undertakes is the function of regulatory environment in which bank operates and the type of banking facility developed.

a) Correspondent bank relationship
b) Representative office
c) Foreign branch
d) Subsidiary bank
e) Edge Act banks
f) Offshore banking center

   Related Questions in Financial Accounting

  • Q : Operation of currency forward and

    Describe basic differences between operation of a currency forward market and a futures market.

    		•
  • Q : Determining interest rate parity

    Presently, spot exchange rate is $1.50/£ and three-month forward exchange rate is $1.52/£. Three-month interest rate is 8.0% per annum within the U.S. and 5.8% per annum within the U.K. Suppose that you can borrow as much as $1,500,000 or £1,000,000.

    		•
  • Q : Desribe cash budget Give a short

    Give a short introduction of the term ‘cash budget’? And also write down the dissimilar techniques to make it?

    		•
  • Q : Uncertainty of exchange rate

    Uncertainty of the exchange rate does not essentially means that the firms face exchange risk exposure. Explain this scenario.

    		•
  • Q : Working capital what are the

    what are the disadvantages of having adequate working capital?

    		•
  • Q : Dimensions of Creativity What are the

    What are the dimensions of creativity in the Creative Field ?  

    		•
  • Q : Increase the return without any

    Suppose that treasurer of IBM has an extra cash reserve of $1,000,000 to invest for the six months. Six-month interest rate is 8% per annum in U.S. and 6% per annum in the Germany. Presently, spot exchange rate is DM1.60 per dollar and six-month forward exchange rate

    		•
  • Q : Assessing risk in the workplace

    Describe the primary steps in assessing risk in the workplace with respect to Health and safety, identify and discuss what actions should be taken to manage or wipe out the risks posed?

    		•
  • Q : Effect of shipping costs Assume that

    Assume that pound is being pegged to the gold at 6 pounds per ounce; on the other hand the franc is being pegged to the gold at 12 francs per ounce. Which, of course, states that equilibrium exchange rate must be the two francs per pound? If existing market exchange r

    		•
  • Q : What is Freight-in What is Freight-in

    What is Freight-in and what are its conditions?

    		•