Comparing a correspondent bank relationship with a representative office:

(i) they are both staffed by parent bank personnel (ii) a representative office is staffed by parent bank personnel

(iii) deposit at a representative office is FDIC insured (iv) a representative office usually provides its MNC clients with a level of service greater than that provided through a correspondent relationship

(v) deposit at a correspondent office is FDIC insured

(i) and (iii)

(ii), (iii) and (iv)

(ii) and (iv)

(i), (iii), (v)