international banking facility

More Like This

Show all results sharing this subject:

  • Financial Institutions and Services


Show Summary Details

Quick Reference


A banking facility in the USA that is authorized by the Federal Reserve System to participate in eurocurrency lending. Such facilities are exempt from reserve requirement and may have many other advantages usually associated with offshore banking.

Subjects: Financial Institutions and Services.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.