respective bank vs respective banks

Both 'respective bank' and 'respective banks' are correct, but they are used in different contexts. 'Respective bank' is singular and refers to the specific bank associated with each individual, while 'respective banks' is plural and refers to the individual banks associated with each person or entity.

Last updated: March 26, 2024 • 5393 views

respective bank

This phrase is correct and commonly used in English.

Use 'respective bank' when referring to the specific bank associated with each individual. It is singular and indicates a singular entity.

Examples:

Each customer must contact their respective bank for account information.
The employees were instructed to visit their respective bank branches.
Please provide the details of your respective bank for verification.

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The respective bank bears the production costs for the share allocated.
The rapporteur urges an intensified co-operation on the basis of a clear analysis of the consequences of the accession of major central European countries for the portfolios of the respective banks, avoiding an institutional battle.
The assessment should set out options as to how best to rationalise the system while taking account of potential effects of restructuring on the borrowing capacity of the respective banks to the economies hit by the crisis.
Can the Commission provide a specific breakdown for each Member State outlined below with regard to how much money their respective banks have invested in Ireland since 1999?
the terms for the short-term funding of IFP and its subsidiaries are different for each of these entities, and result from specific negotiations conducted on a one-to-one basis with their respective banks;
Any ancillary system may access the list of its respective settlement banks via the ICM.
Direct discussions between the clearing banks and their respective central banks complement the action of the EMI.
But it is important to stress that subsidiarity must prevail by permitting national parliaments to exercise democratic control over their own respective National Banks so that monetary policy can be democratically controlled.
Any AS may access the list of its respective settlement banks via the ICM.
As the non-participating Member States have maintained their monetary sovereignty, their respective central banks are not involved in carrying out the System's core functions.
However, these were considered by the respective central banks as not being of a structural nature and as having no impact on the conduct of monetary policy.
Further provisions for repurchase agreements are specified in the contractual arrangements applied by the respective national central bank.
In addition, in all countries under review except Lithuania, there are incompatibilities as regards the prohibition of monetary financing as well as the legal integration of the respective central banks into the Eurosystem.
After the new Member States have adopted the euro, the Governors of the respective central banks will become members of the Governing Council of the ECB.
Further provisions for reverse transactions based on repurchase agreements are specified in the contractual arrangements applied by the respective national central bank (or the ECB).
Further provisions for foreign exchange swaps are specified in the contractual arrangement applied by the respective national central bank (or the ECB).
The specific eligibility criteria for tier two applied by the respective national central banks are subject to approval by the ECB.
To have your product tested, please get in touch with the contact person at the respective national central bank.
Official Journal of the European Communities Further provisions for repurchase agreements are specified in the contractual arrangements applied by the respective national central bank.
The other euro area language versions of the report will be published shortly on the websites of the respective Eurosystem central banks.

Alternatives:

individual bank
personal bank
specific bank

respective banks

This phrase is correct and commonly used in English.

Use 'respective banks' when referring to the individual banks associated with each person or entity. It is plural and indicates multiple entities.