Presenting Bank

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Presenting Bank

A bank that gives a demand for payment to another bank. For example, the presenting bank may submit a check to another bank and receive payment. The presenting bank does this if the financial instrument is drawn on another bank.
References in periodicals archive ?
Cyril Abtan, partner, dealt with the aspects of the counter-guarantee for the presenting banks.
P Morgan, acting as the presenting bank alongside BNP Paribas, in relation to a potential takeover bid, followed by a squeeze-out targeting shares in the SFR group initiated by Altice.
The ICC claims that the data verifies trade finance as presenting banks with little credit risk.
Nasdaq: UCBI), announced that they will participate in the Southeast 2003 Super-Community Bank Conference sponsored by the fourteen presenting banks on February 5 and 6, in Arlington, Virginia.
The Conference is sponsored jointly by the fourteen presenting banks.
The fourteen presenting banks conduct their operations in the Southeast region of the U.
The Conference is sponsored jointly by the twenty presenting banks, speaking to an audience of institutional investors, high net worth individuals and analysts from leading brokerage firms.
The twenty presenting banks conduct their operations in the Mid-Atlantic region of the US, namely, Pennsylvania, New Jersey, Maryland and Virginia.