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.
DEFINITION of 'Correspondent Bank'. A financial institution that provides services on behalf of another, equal or unequal, financial institution. A correspondent bank can conduct business transactions, accept deposits and gather documents on behalf of the other financial institution.