Question: A foreign branch bank Multiple Choice operates like a local bank, but legally is a part of the parent bank. all of the options is

A foreign branch bank

Multiple Choice

operates like a local bank, but legally is a part of the parent bank.

all of the options

is a small service facility staffed by parent bank personnel that is designed to assist MNC clients of the parent bank in dealings with the bank's correspondents.

is subject to domestic regulation only.

A foreign branch bank Multiple Choice operates like a local bank,

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