An ocean bank, sometimes referred to as a fishing bank or simply bank, is a part of the seabed that is shallow compared to its surrounding area, such as a shoal or the top of an underwater hill. Somewhat like continental slopes, ocean bank slopes can upwell as tidal and other flows intercept them, sometimes resulting in nutrient-rich currents.[ how?] Because of this, some large banks, such as Dogger Bank and the Grand Banks of Newfoundland, are among the richest fishing grounds in the world.
There are some banks that were reported in the 19th century by navigators, such as Wachusett Reef, whose existence is doubtful.
Ocean banks may be of volcanic nature. Banks may be carbonate or terrigenous. In tropical areas some banks are submerged atolls. As they are not associated with any landmass, banks have no outside source of sediments. Carbonate banks are typically platforms, rising from the ocean depths, whereas terrigenous banks are elevated sedimentary deposits. 
Seamounts, by contrast, are mountains rising from the deep sea and are steeper and higher in comparison to the surrounding seabed.  Examples of these are Pioneer and Guide Seamounts, west of the Farallon Islands. The Pioneer Seamount has a depth of 1,000 meters,  In other cases, parts of a bank may reach above the water surface, thereby forming islands. 
The largest banks in the world are:
- Grand Banks of Newfoundland (280,000 km2)  - terrigenous bank
- Agulhas Bank (116,000 km2) 
- Great Bahama Bank (95,798.12 km2, has islands, area without islands)
- Saya de Malha (35,000 km2, excluding the separate North bank, least depth 7 m)
- Seychelles Bank (31,000 km2, including islands of 266 km2)
- Georges Bank (28,800 km2) - terrigenous bank
- Lansdowne Bank (4,300 km2,  west of New Caledonia, least depth 3.7 m)
- Dogger Bank (17,600 km2, least depth 13 m)
- Little Bahama Bank (14,260.64 km2, has islands, area without islands)
- Great Chagos Bank (12,642 km2, including islands of 4.5 km2)
- Reed Bank, Spratly Islands (8,866 km2, least depth 9 m)
- Caicos Bank, Caicos Islands (7,680 km2, including islands of 589.5 km2)
- Macclesfield Bank (6,448 km2, least depth 9.2 m)
- North Bank or Ritchie Bank (5,800 km2, north of Saya de Malha, least depth <10 m)
- Cay Sal Bank (5,226.73 km2, including islands of 14.87 km2)
- Rosalind Bank (4,500 km2, least depth 7.3 m)
- Bassas de Pedro (2,474.33 km2, least depth 16.4 m), part of the Amindivi Subgroup of Lakshadweep, India
- Morelock, J. (2005). Morphology. Geological Oceanography Program, University of Puerto Rico at Mayagüez (UPRM). Retrieved on: October 11, 2008.
- Farallones Marine Sanctuary Association. Islands, Banks & Seamounts: Geologic Features Under the Sea Archived 2006-12-15 at the Wayback Machine.
- World Wildlife Fund. Deep sea ecology: seamounts. Retrieved on: October 11, 2008.
- Fisheries and Oceans Canada Backgrounder: The Grand Banks and the Flemish Cap. Retrieved on: October 11, 2008.
- Whittle, C. P. (2012).
"Characterization of Agulhas Bank upwelling variability from satellite-derived sea surface temperature and ocean colour products" (PDF). American Geophysical Union Chapman Conference. Retrieved January 2015. Check date values in:
- Le parc naturel de la mer de Corail, p. 26