What Is An Intermediary Bank - Their role is largely unknown. Smaller banks require intermediary banks. Web an intermediary bank is a financial institution acting as a middleman between the sender and the receiving bank in an international wire transfer. Web updated apr 16, 2024. Web fact checked by.
Web updated apr 16, 2024. Web fact checked by. Their role is largely unknown. Web an intermediary bank is a financial institution acting as a middleman between the sender and the receiving bank in an international wire transfer. Smaller banks require intermediary banks.