Meanings of intermediary banks in English

Russian firms found ways around that, by using intermediary banks in third countries.

This makes it harder to cancel a fraudulent instruction sent via intermediary banks.

He said intermediary banks would be expressly excluded.

One example: When you send money from one country to another through a bank, your transfer might pass through several intermediary banks along the way.

Another key issue in this case is the extent to which third parties, and intermediary banks specifically, would be obligated to enforce the court ruling.