paying agent(An entity responsible for paying bond principal and interest on behalf of the debtor. American Banker Glossary –––– An agent who makes principal and interest payments to bondholders on behalf of the issuer. Bloomberg Financial Dictionary –––– A trader known to HM Revenue & Customs (HMRC) and formally set up on the Customs Handling of Import and Export Freight (CHIEF) system who transmits import or customs warehouse removal declarations to the CHIEF system. HM Customs & Revenue Glossary Alexander Demidov)
