Cross-Border Banking

Edge Act Corporation
An Edge Act Corporation is a subsidiary of a U.S. bank that can offer international banking services across state and national borders, under the authority of the Federal Reserve.
Eurobanking
Eurobanking refers to the acceptance of deposits and the extension of loans denominated in currencies other than the currency of the country where the bank is located.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.