FACTOID # 87: 22% of American women aged 20 gave birth while in their teens. In Switzerland and Japan, only 2% did so.
 
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Encyclopedia > Correspondence

Correspondence may refer to:


  Results from FactBites:
 
Correspondent Banking: The Latest BSA Examination Target (1004 words)
Under the PATRIOT Act, a “correspondent account” is defined as an account that is established by an institution for a foreign bank to handle various financial transactions related to the foreign bank.
Correspondent banking allows foreign banks to conduct business in the U.S. and provide services for their customers in areas where the bank does not maintain a physical presence.
Correspondent banking relationships can be established between domestic banks, but the greater money laundering concern is over those relationships established between a foreign bank and an U.S. bank.
  More results at FactBites »


 

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