- A financial institution that prepares the payment instruction and forwards it to the first agent in the payment chain, as is the case in a relay scenario for payment transactions.
Euroclear glossary. 2008.
Look at other dictionaries:
forwarding agent — forwarding agent, a firm or individual that receives and ships goods for others for a fee … Useful english dictionary
forwarding agent — A person or company who is a specialist in customs procedures and the international carriage of goods, and acts on behalf of importers and exporters. HM Customs & Revenue Glossary A financial institution that prepares the payment instruction and… … Financial and business terms
forwarding agent — See shipping and forwarding agent … Big dictionary of business and management
forwarding agent — /ˈfɔwədɪŋ eɪdʒənt/ (say fawwuhding ayjuhnt) noun an agent who organises the collection, forwarding and delivery of goods … Australian English dictionary
forwarding agent. — See freight forwarder. [1890 95] * * * … Universalium
forwarding agent — / fɔ:wədɪŋ ˌeɪdʒənt/ noun a person or company which arranges shipping and customs documents … Marketing dictionary in english
forwarding agent — / fɔ:wədɪŋ ˌeɪdʒənt/ noun a person or company which arranges shipping and customs documents … Dictionary of banking and finance
forwarding agent — Freight forwarder who assembles less than carload shipments (small shipments) into carload shipments, thus taking advantage of lower freight rates. Company or individual whose business it is to receive and ship merchandise for others. See… … Black's law dictionary
forwarding agent. — See freight forwarder. [1890 95] … Useful english dictionary
shipping and forwarding agent — An organization that specializes in the handling of goods sent by sea, air, rail, or road, especially if the goods are being exported or imported. They advise on the best method of transport, book freight, cover insurance, and arrange custom… … Big dictionary of business and management