Introduction to Correspondent Banking
All economies are dependent on international trade. As soon as companies and individuals need to trade products or services internationally, correspondent banking has a role to play. Rob goes into detail on what correspondent banking is, why it is necessary and how it impacts trade finance.
Overview
Correspondent banking is essential in today’s global economy. Whether they are assisting in transacting international payments or trade finance, banks can allow their clients the ability to operate efficiently and securely by maintaining a large network of correspondent banks.
Key learning objectives:
Define correspondent banking
Understand the two key product lines in which correspondent banks operate
Summary
Expert
Robert Ellison
Rob has spent 20-years working in the city in a career spanning debt origination, debt syndicate and client coverage. Rob has worked at UBS Investment Bank and Lloyds Banking Group, and he is now one of Finance Unlocked's co-founders.
