コルレス契けい約やく

noun

correspondent arrangement

A banking term for an agreement between financial institutions to provide services on each other's behalf, such as handling transactions in foreign currencies.

• 当とう行こうは海かい外がいの複ふく数すうの銀ぎん行こうとコルレス契けい約やくを結むすんでいる。

  Our bank has correspondent arrangements with several overseas banks.