# Transaction bank

- Canonical URL: https://www.gerhardmerk.de/transaction-bank-2
- Post ID: 592944
- Modified: 2023-07-25T21:13:53+00:00
- Language: en

## Definition

A bank that acts on behalf of and for the account of another institution for a transaction. In almost every case, the commissioned institution can provide the service at a lower cost than the commissioning bank. - Firms that provide back-office operations as well as services customary in bank-to-bank transactions. - See activity analysis, alliances, cross-border, outsourcing, call center, contractual trust arrangement, brokerage, file management, centralized, ancillary services, bank-related, correspondent banking relationship, outsourcing risks, spin-off. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1