What are the intermediary businesses of banks?

Bank intermediary business includes remittance business, letter of credit business, collection business and trust business.

Intermediary business refers to the business activities in which banks, on the basis of asset business and liability business, use their own advantages as a third party to handle entrusted matters such as payment, consultation, agency, guarantee and lease for users, and charge a certain fee to provide various financial services.

In a broad sense, the intermediary business of commercial banks refers to the business that does not constitute assets or liabilities on the balance sheet of commercial banks and forms non-interest income of banks.