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ÀÌ ¸§    Bennie ³¯ Â¥    2018/06/28 Á¶ ȸ    1


A few months twelve20 In the past, the global correspondent banking business was often a matter of trust and reputation. During the introduction of the euro currency in 1999, it was not well publicized that some regional and national banks had problems with foreign exchange, account management or trade finance systems in processing euro-denominated transactions. Chairman-to-chairman telephone calls delivered reassurance that one bank would extend the necessary institutional credit lines to give another bank enough time to iron out the currency transaction processing bugs. Billions were pledged over the phone based on relationships forged over years of correspondent banking transactions and inter-bank dealing.