International banking refers to the services provided by banks that operate across national borders. These banks facilitate transactions between countries, offering services such as currency exchange, international loans, and trade financing. They help businesses and individuals manage their finances in a global context, ensuring smooth cross-border transactions. Additionally, international banking plays a crucial role in the global economy by providing access to capital and investment opportunities. Institutions like the World Bank and the International Monetary Fund (IMF) support international banking by promoting financial stability and economic development worldwide. This interconnected system helps countries grow and thrive in an increasingly globalized market.