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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 Bank Wholesale Banking Transactional Exposure Transactional Motive for Holding Cash Bancassurance Call Clearing House Interbank Payment System Eurocurrency Banking Foreign Banking Issuer Merchant Banking Relationship Banking Stock of High-Powered Money

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