Bank Officer
/ˈbæŋk ˈɒfɪsər/
Definitions
- (n.) An employee of a bank authorized to perform administrative, managerial, or financial duties.
The bank officer approved the loan application after reviewing the client's documents.
- (n.) A person who executes banking transactions and enforces bank policies in accordance with regulatory and internal rules.
The bank officer ensured compliance with anti-money laundering regulations in all transactions.
Forms
- bank officer
- bank officers
Related terms
See also
Commentary
The term 'bank officer' generally applies to individuals vested with authority to bind the bank in contractual or financial matters. Legal documents often specify the scope of their powers expressly.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.