noun
authorized foreign exchange bank
A bank officially licensed to deal in foreign exchange under Japanese law. This is a formal, domain-specific term used in finance and legal contexts.
外国為替公認銀行で外貨預金を開設した。
I opened a foreign currency deposit account at an authorized foreign exchange bank.
Compound of 外国 (foreign country), 為替 (exchange), 公認 (official recognition), and 銀行 (bank). The term is a direct description of its function.