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Cleared by the National City Bank of New York and the Escomptebank AG

Cleared by the National City Bank of New York and the Escomptebank AG
The National City Bank of New York is the predecessor of Citigroup/ Citibank.

I can't find much information on the Escomptebank AG. Escompte is a French word, but AG is a business form in Germany and Austria. Nor do I know much about the city of Timisoara/ Timişoara.

Interestingly, the Banque Belge pour l'Étranger New York branch itself eventually became known as Belgian-American Bank, then European American Bank. In 2001, the bank was sold to Citicorp for USD $1.6-billion.

Read more on the history of Banque Belge pour l'Etranger New York Branch's history here:

bankingmergers.blogspot.ca/2013/09/united-states-bank-mer...

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