Notifying Bank(redirected from Notifying Banks)
See: Advising Bank
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A bank in a foreign country to which another bank in the domestic country sends a letter of credit on behalf of a client. The notifying bank honors the letter of credit and transfers requested funds to the client. A notifying bank is also called an advising bank.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved