Depending on the regulatory body, a dealer authorized to deal in forex.
Retailer approved by a manufacturer to sell specific brands of products
a banking institution licensed to arrange, inter alia, foreign currency transactions for its clients
a legitimate retailer that has been approved by manufacturers to sell their products
A financial institution or bank authorized to deal in foreign exchange.
a watch seller who is officially sanctioned by the manufacturer. Watches that they sell will have full manufacturer warranties. Also, should you have any difficulties with an authorized dealer, you have the option to get the manufacturer to intervene on your behalf. Also see Unauthorized Dealer below.
An Authorized Dealer is the name given to any type of bank, brokerage, clearing house, or investment company that has been authorized to buy and sell foreign currency. Investors should be wary of companies who claim to be Authorized Dealers, but partake in shady or underhanded trading practices. It's important to look into a company's history before committing capital to them.