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  3. Finance Glossary
  4. Terms Beginning With T
  5. Transactional Banking

Transactional Banking

Definition of 'Transactional Banking'

Banks compete with each other to offer services at the lowest cost to corporations, on a service-by-service basis.

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Related Terms

Central BankWholesale BankingTransactional ExposureTransactional Motive for Holding CashBancassuranceCallClearing House Interbank Payment SystemEurocurrency BankingForeign BankingIssuerMerchant BankingRelationship BankingStock of High-Powered Money

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