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Business 100: Intro to Business26 chapters | 139 lessons | 12 flashcard sets
International Banking and Services
1. What type of bank is located in a foreign country and is used by your domestic bank to help their customers conduct business in the foreign country?
2. How does an affiliate bank and a subsidiary bank differ?
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About This Quiz & Worksheet
Challenge yourself on the characteristics of international banking. To pass the quiz, make sure you understand the services provided by international banks, as well as different types of international banks.
Quiz & Worksheet Goals
Review the following with this quiz:
- Services provided by international banks
- Bank that allows for services with another bank
- Difference between affiliate and subsidiary banks
- Where a bank could go where little regulation exists
- A letter of credit
Skills Practiced
- Interpreting information - verify you can read information regarding the functions of various international banks and interpret it correctly
- Knowledge application - use your knowledge to identify an offshore banking center
- Distinguishing Differences - compare and contrast topics from the lesson, such as affiliate and subsidiary banks
Additional Learning
Why do people use international banking? Find out with the lesson, International Banking and Services. The lesson will provide more information on the following:
- Unique services that international banking offers
- Main types of international banks and their characteristics
- How international banks make banking easier for those wishing to enroll
- International banking in the U.S.
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Lesson
9 in chapter 25 of the course:
- The Four Basic Functions of Money 5:38
- Money and Multiplier Effect: Formula and Reserve Ratio 12:55
- Private Investment and Real Interest Rates 12:15
- What is the Federal Reserve System? 8:58
- Reserve Requirement, Open Market Operations and the Discount Rate 11:47
- Institutions of the U.S. Banking System 4:26
- How the Government Protects Your Money During a Financial Crisis 7:12
- How Technology Makes Banking More Efficient 4:37
- International Banking and Services 6:41
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8:21
Next Lesson
The World Bank, IMF & Other International Banking Organizations
- Go to Money and Financial Institutions
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