12 CFR 7.5007 - Correspondent services.
It is part of the business of banking for a national bank to offer as a correspondent service to any of its affiliates or to other financial institutions any service it may perform for itself. The following list provides examples of electronic activities that banks may offer correspondents under this authority. This list is illustrative and not exclusive; the OCC may determine that other activities are permissible pursuant to this authority.
(d) The development, operation, management, and marketing of products and processing services for transactions conducted at electronic terminal devices;
Title 12 published on 2013-01-01
no entries appear in the Federal Register after this date.