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