Nested Relationships in Correspondent Banking.

Look beyond direct counterparties to understand downstream relationships and indirect access risk.

Banking relationship intelligence combined with deeper insight into indirect access risk.

Uncover Nested Relationships and Manage Indirect Access Risk
BankCheck offers three distinct views and tools to help users uncover and investigate nested relationships. Together, they provide insight into the risks, controls, accountability, and monitoring needed to manage indirect relationships with financial institutions, including MSBs, PSPs, MVTSs, fintechs, and other non-bank entities.

Global Footprint

Understand your counterparties global footprint.

BankCheck’s Global Footprint section helps correspondent banks assess the worldwide presence and banking relationships of financial counterparties.

Each bank profile shows where the bank has branches and subsidiaries, the consolidated operating income of subsidiaries in each country, and the countries where significant shareholders are located.

You can also explore its correspondent banking network, including:
‍Correspondent banks: Where the bank accesses clearing services.
‍Respondent banks: Where the bank provides clearing services to other banks in various currencies.

This geographic view helps you identify countries where potentially undisclosed nested relationships may exist—the respondents of your respondent—and focus further due diligence where it matters most.
‍
‍

Network Browser

Trace payment routes and identify where controls are needed.

BankCheck Network Browser enables users to:

Uncover all the potential end-to-end routes for a payment from a financial institution to an account with your bank
Identify which of your relationship banks are a potential conduit for payments from a specific financial institution
Determine precisely where controls need to be implemented in order to protect your institution from transactions with high risk entities.

Network Manager

Map downstream banking relationships by country & currency.

BankCheck Network Manager helps you explore downstream correspondent banking relationships worldwide, providing insight into counterparty networks, market reach, and potential compliance risks.

Map and rank relationships by country and currency to understand their geographic distribution and identify connections that may warrant closer scrutiny.

When onboarding a new counterparty, visualise the wider network it serves to support more focused due diligence and better-informed decisions.

‍
‍

Unlock the power of global reference data with BankCheck.

Gain access to the data you need to meet your business goals and initiatives.

Claim FREE Trial