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.
In spite of certain similarities, the commercial banks basically differ from nonbank financial interÂ­mediaries on the following grounds : (i) Bank is a financial institution whose liabilities (i.e., deposits) are widely accepted as a means of payment in the settlement of debt. Non-bank financial intermediaries, on the other hand, are those institutions whose liabilities are not accepted as means of payment for the settlement of debt.