A "respondent bank" is a financial institution that responds to requests for information or assistance from another bank. There are several synonyms for this term, including correspondent bank, agent bank, and intermediary bank. A correspondent bank typically provides services, such as wire transfers and foreign currency exchange, to other financial institutions. An agent bank acts as a liaison between a company and its lenders or investors, while an intermediary bank facilitates transactions between two or more banks. Regardless of the synonym used, these banks play an important role in facilitating international trade and commerce. They provide essential services and support to other financial institutions, helping to connect businesses and individuals across the globe.