Back-To-Back-Loan

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UNODC Money Laundering Terms DictionaryDownload this dictionary
Back-To-Back-Loan
A loan structure when "A" deposits a sum of money with a bank in country "X" on condition that a related branch, agency, Edge Corporation (see reference) or bank located in country "Y" will lend an equivalent sum to "A" or a designee in country "Y".

Copyright © 2005 UNODC - United Nations Office on Drugs and Crime.

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