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|Noun||1.||banking system - banks collectively |
industry - the people or companies engaged in a particular kind of commercial enterprise; "each industry has its own trade publications"
banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"
Farm Credit System, FCS - a cooperative nationwide system of banks and associations providing credit to farmers and related businesses; originally capitalized by the federal government but now owned by its members and borrowers
hawala - an underground banking system based on trust whereby money can be made available internationally without actually moving it or leaving a record of the transaction; "terrorists make extensive use of hawala"