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facility with other banks vs facility in other banks

Both phrases are correct, but they have different meanings. 'Facility with other banks' implies having the ability or skill to work with other banks, while 'facility in other banks' suggests having a physical presence or location within other banks.

Last updated: March 26, 2024

facility with other banks

This phrase is correct and commonly used to indicate the ability or skill to work with other banks.

This phrase is used to describe someone's capability or proficiency in dealing with other banks, such as having knowledge of their processes or systems.

Examples:

  • She has great facility with other banks, which helps her negotiate better deals.
  • His facility with other banks allows him to quickly resolve financial issues.
  • IKB also obtained liquidity facilities from other banks.
  • Standing facility: a central bank facility available to counterparties on their own initiative.
  • Standing facility: a central bank facility available to counterparties on their own initiative.
  • an exception to this is the UK government's «ways and means» facility with the Bank of England24.
  • Standing facility: a central bank facility available to counterparties on their own initiative.
  • At the same time, the State issued government securities in order to build up a reserve for liquidity purposes, in the context of the abolition of its overdraft facility with the central bank, as of 1 January 1994.
  • Whilst it is necessary to retain certain support facilities for banks so as to address continued turmoil on the financial markets, certain procedures and conditions should be improved and further developed.
  • Those arrangements may include borrowing facilities from commercial banks.
  • Standing facility: a central bank facility available to credit institutions on their own initiative.
  • Notwithstanding Article III-181 of the Constitution and Article 21(1) of the Statute, the Government of the United Kingdom may maintain its ways and means facility with the Bank of England if and so long as the United Kingdom does not adopt the euro.
  • Standing facility: a central bank credit facility available to counterparties at their own initiative.
  • The Governing Council also welcomes the commitment made by national authorities with regard to the provision of support facilities for banks where private sector means are insufficient.
  • This facility allows commercial banks to obtain liquidity in domestic currency by swapping, on a seven-day basis, foreign exchange holdings at the central bank.
  • State resources are also evidently present in the liquidity facility available to Arion Bank.
  • The lending and liquidity facilities of central banks need to be kept confidential in order to safeguard the stability and functioning of financial markets.
  • A good overdraft facility at the bank is needed if money from the Social Fund is to be received.
  • Innovative and growth-oriented small businesses need to raise equity capital from external sources, because they either do not have their own financial resources or cannot access bank credit facilities.
  • Mr Saroj K. Jha, Programme Manager, World Bank Global Facility for Disaster Reduction and Recovery (GFDRR), made a presentation.
  • The change to the state guarantee covering the bonding facility means that the banks now have a EUR 6 billion exposure.
  • Subject: Guaranteed access for all to basic bank account facilities

Alternatives:

  • proficiency with other banks
  • ability to work with other banks
  • skill in dealing with other banks
  • competence with other banks
  • expertise in other banks

facility in other banks

This phrase is correct and can be used to indicate a physical presence or location within other banks.

This phrase is used when referring to having a physical facility or office located within other banks.

Examples:

  • Our company has a facility in other banks to provide convenient services to customers.
  • They established a research facility in other banks to study market trends.
  • IKB also obtained liquidity facilities from other banks.
  • Standing facility: a central bank facility available to counterparties on their own initiative.
  • Standing facility: a central bank facility available to counterparties on their own initiative.
  • The open access to the system ensures that all credit institutions can have direct access to a common set of settlement facilities in central bank money without having to rely on commercial competitors.
  • Standing facility: a central bank facility available to counterparties on their own initiative.
  • Whilst it is necessary to retain certain support facilities for banks so as to address continued turmoil on the financial markets, certain procedures and conditions should be improved and further developed.
  • Those arrangements may include borrowing facilities from commercial banks.
  • Standing facility: a central bank facility available to credit institutions on their own initiative.
  • Standing facility: a central bank credit facility available to counterparties at their own initiative.
  • The Governing Council also welcomes the commitment made by national authorities with regard to the provision of support facilities for banks where private sector means are insufficient.
  • This facility allows commercial banks to obtain liquidity in domestic currency by swapping, on a seven-day basis, foreign exchange holdings at the central bank.
  • State resources are also evidently present in the liquidity facility available to Arion Bank.
  • The lending and liquidity facilities of central banks need to be kept confidential in order to safeguard the stability and functioning of financial markets.
  • A good overdraft facility at the bank is needed if money from the Social Fund is to be received.
  • Innovative and growth-oriented small businesses need to raise equity capital from external sources, because they either do not have their own financial resources or cannot access bank credit facilities.
  • Mr Saroj K. Jha, Programme Manager, World Bank Global Facility for Disaster Reduction and Recovery (GFDRR), made a presentation.
  • The change to the state guarantee covering the bonding facility means that the banks now have a EUR 6 billion exposure.
  • Subject: Guaranteed access for all to basic bank account facilities
  • In order to increase prosperity, the European Investment Bank Facility for Euro-Mediterranean investments should be further developed, with an emphasis on micro-credit facilities.
  • D. whereas the Boko Haram group has claimed responsibility for bombing churches, police stations, military facilities, banks as well as the United Nations building in Abuja;

Alternatives:

  • office in other banks
  • branch in other banks
  • location in other banks
  • presence in other banks
  • establishment in other banks

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