Ancillary business

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1. Bank relationship management.

Ancillary banking business is profitable work beyond the bank's core funds transfer and borrowings products.


Bank credit commitment
"The USPP mandate will be valuable ancillary business for the bank, which makes it a good opportunity to secure extension of a bank credit facility."
The Treasurer's Wiki, Assessing the US private placement market from a corporate perspective.


2.

More generally, ancillary business is:

  • Any line of business outside a provider's core offerings
  • Any additional business arising out of a core transaction


See also