HomeDefinitionsCompareDebt Correspondent bankThe financial definition for Correspondent bank:Bank that accepts deposits of, and performs services for, another bank (called a respondent bank); in most cases, the two banks are in different cities. Similar MatchesCorrespondentCorrespondentA financial organization that performs services (acts as an intermediary) in a market for another organization that does not have access to that market. Click to compare definitions of Correspondent bank Click to view definitions beginning co |