How do u.s. companies use international banks

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Question 1. Explain the differences between domestic banks and international banks.

Question 2. How do U.S. companies use international banks?

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The paper helped in providing answers to two questions. The first answer helped in determining the difference between international banks and domestic banks. It has been observed that Based on performance, international banks drift domestic banks in developing nations and different markets; however do not perform within high-income nations. Furthermore, international banks can be categorized by the forms of services they serve which differentiate them from domestic banks. The second answer demonstrates the ways through which U.S. companies use international banks such as to pay and receive money effortlessly and maintain the records of global accounts efficiently and effectively.

Reference no: EM132831728

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