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RBA Glossary definition for financial institution

financial institution – A company whose primary function is to intermediate between lenders and borrowers in the economy.

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A non-profit, volunteer organisation, advocating to advance the interests ...

11 Feb 2020 DOC 93KB
The Association is very interested in consumer financial issues and has been a member of ASIC’s Queensland Regional Liaison Committee for many years. ... Consumers should be able to cancel these by contacting only the relevant financial institution.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/queensland-consumers-association.DOC