Universal Banking

  

Sounds a bit pretentious, doesn't it? Like..."You can bank with us and others anywhere...not just in America, not just in the West, not just where HBO reaches, but anywhere in the universe!"

But whoever said banks are generally pretentious to start with? Oh. Wait. Yeah, it was us.

Anyway, universal banking is a marketing term that banks put out there, hoping to drum up business from global corporations, global travelers, global doers-of-business who just want to be sure they can get cash to pay for that fancy meal (and the subsequent healthcare needed) wherever they go.

Find other enlightening terms in Shmoop Finance Genius Bar(f)