Agent Bank - (1) A bank acting for a foreign bank. (2) In the Euro market - the agent bank is the one appointed by the other banks in the syndicate to handle the administration of the loan.
agent bank A bank that has been authorized by an individual to act as his/her agent. An... agglomeration Accumulating companies of several diverse and unrelated activities into a single entity. Examples include conglomerate companies.
[Harvey] agent bank A bank acting on behalf of a foreign bank. [ITDS] The bank which leads and documents a syndicated loan. [FDIC] aggregate Any total (e.g., the gross national product; the sum of monthly sales).
Note: Not all IPOs are eligible for delivery settlement through the DTC system, which would then either require the physical delivery of the stock certificates to the clearing agent bank's custodian, ...
If you are not satisfied with its explanation, contact the state banking regulator of the state where the paying agent is chartered and operates or report the delay to the federal bank regulatory agency that supervises the paying agent bank.
 See also: Institution, Agent, Interest, Exchange, Future
  
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