Terms Beginning With 'w'

Wholesale Banking

  • January 11, 2020
  • Team Kalkine

Banking services (lending and borrowing) that occur between other financial institutions and merchant banks refers to as wholesale banking. This provision of services offered by banks towards larger customers or organizations like international trade finance businesses, large corporate clients and mortgage brokers, to name a few. The services include large trade transactions, currency conversion and working capital financing along with others of the similar kinds. Wholesale banking includes extremely large sums of money.

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