Introduction:

A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. A bank connects customers with capital deficits to customers with capital surpluses. A bank is a financial institution that serves as a financial intermediary.

Definition
The definition of a bank varies from country to country. See the relevant country page (below) for more information. According to oxford Dictionary A bank is an establishment for the custody of money, which it pays out on a customers order.

Function of bank:
Accepting deposita.)current deposit accountb.)saving deposit-

C.) fixed deposit

d.) current account:->

This unit provides you with a comprehensive introduction to the concept of International Banking Operations that deals with banking activities across the national frontiers. Explanations of the reasons for and modes of foreign banking operations were also provided in order to accelerate the understanding of all other units of the course.

What Is International Banking?

Definition of International Banking

International Banking is a process that involves banks dealing with money and credit between different countries across the political boundaries.

ORGANIZATIONAL FEATURES OF INTERNATIONAL BANKING

International banks are organized in various formal and informal ways from simply holding account with each other to holding common ownership. given below are some forms of banking organizations that exist across the world.

ORGANIZATIONAL FEATURES OF INTERNATIONAL BANKING

Corresponding Banking. Resident representative. Bank Agencies.

Foreign Branches.

INTERNATIONAL BANKING ACTIVTIES

The globalization of the markets and the breadth of international conglomerate financial institutions is forcing international regulators to move towards harmonious regulatory systems.
The United States is working with other countries to develop common standards for supervisory and regulatory systems for banks and large financial conglomerates.' Individual countries can adopt these standards to their particular institutional and legal situations.

THE IMPORTANCE
If you want to make a payment abroad, you will have to deal through a bank operating on international level. Banks around the world are centers for money transfer business. Dealers in securities or exporters and importers make use of services of international banks.

International banking is also important for the growth of competition.

"Importance Of International Banking

State Aid in the Financial Services Sector and the Implications of the Recent Financial Crisis

Entry Modes - A banking perspective.

The Fair Value Option of IAS in the Context of Fair Value Accounting - The Practical Application in Financial Institutions.

CONCLUSION
From the above so many all the information I have conclude that The International Banking Operations that deals with banking activities across the national frontiers. International Banking is a process that involves banks dealing with money and credit between different countries across the political boundaries.

There are different kinds of Features and functions in international banking. I also get a knowledge about importance of international Banking which will help us in future .