what is an intermediary bank
Making the world better, one answer at a time. An intermediary bank is the bank who forwards the cash often because the original bank is a small bank that doesn't handle foreign payments.It does not keep the cash, but simply assists in the transfer of funds.aking the world better, one answer at a time. An intermediary bank is the bank who forwards the cash often because the original bank is a small bank that doesn't handle foreign payments.