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The Decline in Access to Correspondent Banking Services in Emerging Markets : Trends, Impacts, and Solutions

The Decline in Access to Correspondent Banking Services in Emerging Markets : Trends, Impacts, and Solutions

To move funds internationally, banks rely on correspondent banking relationships (CBRs), roughly defined as the provision of banking services by one bank (the correspondent) to another bank (the respondent). CBRs are essential to international paym...

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Bibliographic Details
Main Author: World Bank Group
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
CORRESPONDENT BANKING
EMERGING MARKET ECONOMIES
BANKING SYSTEM
REMITTANCES
RISK MANAGEMENT
PRIVATE SECTOR
FINANCIAL TECHNOLOGY
FINTECH
PUBLIC SECTOR
ACCESS TO FINANCE
MIGRANT LABOR
INTERNATIONAL MIGRATION
AML-CFT
SETTLEMENT FLOWS
MONEY LAUNDERING
Online Access:http://documents.worldbank.org/curated/en/552411525105603327/The-decline-in-access-to-correspondent-banking-services-in-emerging-markets-trends-impacts-and-solutions-lessons-learned-from-eight-country-case-studies
http://hdl.handle.net/10986/29778
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http://documents.worldbank.org/curated/en/552411525105603327/The-decline-in-access-to-correspondent-banking-services-in-emerging-markets-trends-impacts-and-solutions-lessons-learned-from-eight-country-case-studies
http://hdl.handle.net/10986/29778

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