The Trump Organization Uses Direct Correspondent Banking In Five Countries

When New York, New York-based The Trump Organization transfers funds to the United States from one of the five countries which host four of its hotels and seven of its golf clubs, The Trump Organization does not use a third country; it uses a straight line- a financial institution electronically transfers the funds from Canada, Dubai, Indonesia, Ireland or the United Kingdom to New York City.  The Trump Organization does not want to waste time or waste money.  The Trump Organization uses financial institutions with direct correspondent banking accounts.