Remote southern bank? (7)
I believe the answer is:
slender
'remote' is the definition.
(I've seen this before)
'southern bank?' is the wordplay.
'southern' becomes 's' (abbreviation).
'bank?' becomes 'lender'.
's'+'lender'='SLENDER'
(Other definitions for slender that I've seen before include "Svelte" , "Meagre" , "Slight in form" , "with a narrow outlook" , "short of a pound or two of flesh?" .)