Bank | Agency

: Provides the banking license, technology, and settlement infrastructure.

Understanding agency banking: what it is and ... - ClearBank agency bank

The model operates as a partnership between three key players: : Provides the banking license, technology, and settlement

: A local business owner (e.g., grocery store, fuel station) who acts as a "human ATM" or mini-branch using a POS terminal or mobile app. : Provides the banking license

: Opening new accounts and checking balances.

: Settling utility bills, taxes, or government fees. Financial Products : Applying for or repaying microloans. Primary Benefits

: Uses the local agent for daily transactions rather than traveling to a distant city branch. Core Services Provided Through an agent, customers can typically access: Cash Transactions : Deposits and withdrawals.