servicing bank vs attendant bank

Both phrases are correct, but they have different meanings and contexts. 'Servicing bank' refers to a bank that provides services to another financial institution, while 'attendant bank' is not a common term in banking and finance. Therefore, 'servicing bank' is the more appropriate and commonly used term in this context.

Last updated: March 22, 2024 • 598 views

servicing bank

This phrase is correct and commonly used in banking and finance.

It refers to a bank that provides services to another financial institution, such as processing transactions or managing accounts.

Alternatives:

correspondent bank
clearing bank
intermediary bank
agent bank
partner bank

attendant bank

This phrase is not commonly used in banking and finance.

Show examples from the web [+]

It therefore performed not only the traditional public tasks of a Land bank, with the attendant costs, but also the function of a savings bank.
...where a bank of elevators a mile long... ...and an endless row of attendants in gold braid... ...wait to carry me up, up, up.

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servicing bank vs attendant bank

servicing bank

attendant bank

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