Legislative Branch The Legislative Branch is one of three branches of the U.S. government: Executive, Judicial, and Legislative. Established by Article I of the Constitution, the Legislative Branch consists of the House of Representatives and the Senate, which together form the United States Congress.
Making the world better, one answer at a time. An intermediary bank is the bank who forwards the cash often because the original bank is a small bank that doesn't handle foreign payments.It does not keep the cash, but simply assists in the transfer of funds.aking the world better, one answer at a time. An intermediary bank is the bank who forwards the cash often because the original bank is a small bank that doesn't handle foreign payments.
What is a Qualified Intermediary? Generally, a professional, experienced, institutional Qualified Intermediary, such as Exeter 1031 Exchange Services, LLC, is an entity established to administer and facilitate your 1031 Exchange transaction.nother important responsibility that is arguably just as critical as the rest is the Qualified Intermediaryâs fiduciary duty of receiving, holding and safeguarding your 1031 Exchange funds. Qualified Intermediaries hold your 1031 Exchange funds in order to prevent constructive receipt of the funds by you.