Domestic branch definition

Domestic branch means any place of business of a foreign bank, located in any state, that may accept domestic deposits and deposits that are inci- dental to or for the purpose of carrying out transactions in foreign countries.
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Domestic branch means a branch of a third country institution that is established in a Member State;
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Domestic branch means a branch established in a Member State of a third country institution;
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Examples of Domestic branch in a sentence

  • Domestic branch network: Our focus was on enhancement of service efficiency and our sales and service quality in alignment with changing consumer behavior, as evidenced by the increased use of digital banking transaction, instead of visits to bank branches.

  • Domestic branch income Calculated under ordinary rules based on branch accounts.

  • Sales to South American customers are solicited and arranged jointly by Domestic employees in New York and at a Domestic branch office in Venezuela.

  • PREVIOUSNEXTEXITPRINT INDONESIA International Comparison of Insurance TaxationOctober 2007 Indonesia – Other Tax Features8Further corporate tax featuresLoss carry-overs Foreign branch income Domestic branch income Corporate tax rate TaxationUp to five consecutive years.

  • PREVIOUSNEXTEXITPRINT INDIA International Comparison of Insurance TaxationJanuary 2005 India – Other Tax Features 8Further corporate tax featuresLoss carryovers Foreign branch income Domestic branch income Corporate tax rateTaxationCarry forward of losses is allowed upto 8 years.

  • Domestic branch income is calculated according to the ordinary rules: interest charges paid to the foreign head office are not deductible, however.TaxationA tax break is available to a certain extent if certain conditions are met (e.g. the insurance company must be located in Belgium).

  • Loss carryovers Foreign branch income Domestic branch income Corporate tax rateTaxationUp to five consecutive years.

  • When a criminal offense believed to be a hate crime is subject to police investigation, the local police will attach a search key to the case in POLSAS.

  • Loss carry-overs Foreign branch income Domestic branch income Corporate tax rate TaxationOrdinary losses can be carried back two years and carried forward 20 years.

  • Domestic branch network: Our focus was on enhancement of service efficiency and our salesand service quality in alignment with changing consumer behavior, as evidenced by the increased use of more convenient service channels, especially our mobile banking application that allows customers to conduct transactions anywhere, anytime, without going to a bank branch.


More Definitions of Domestic branch

Domestic branch means any place of business of a foreign bank, located inany state, that may accept domestic deposits and deposits that are incidental to or for the purpose of carrying out transactions in foreign countries.
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Domestic branch means any place of business of a foreign bank, located in any state, that may accept domesticdeposits and deposits that are incidental to or for the purpose of carrying outtransactions in foreign countries.
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Domestic branch means any placeof business of a foreign bank, located in any state, that may accept domestic deposits and deposits that are incidental to or for the purpose of carrying out transactions in foreign countries.
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Domestic branch means any office or any place of business of a foreignbank located in any state that mayaccept domestic deposits and deposits that are incidental to or for the purpose of carrying out transactions in foreign countries.
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Domestic branch means any place of business of a foreign bank, located in any state, that may accept domestic
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Related to Domestic branch

  • Domestic brewery means a place where beer and malt liquor

  • Factory branch means a branch office maintained by a person for the sale of motor vehicles to

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • UK Non-Bank Lender means where a Lender becomes a Party after the day on which this Agreement is entered into, a Lender which gives a Tax Confirmation in the assignment agreement or Transfer Certificate which it executes on becoming a Party.

  • Domestic Loan Parties means the Domestic Guarantors.

  • Domestic winery means a place where wines are manufactured

  • Domestic septage means either liquid or solid material removed from a septic tank, cesspool, portable toilet, Type III marine sanitation device, or similar treatment works that receives only domestic sewage. Domestic septage does not include liquid or solid material removed from a septic tank, cesspool, or similar treatment works that receives either commercial wastewater or industrial wastewater and does not include grease removed from grease trap at a restaurant.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • BANK'S LONDON BRANCH means the London branch office of Bank.

  • Domestic use means that portion of metered water service, electricity, electrical current, natural, artificial or propane gas, wood, coal or home heating oil, and in any city not within a county, metered or unmetered water service, which an individual occupant of a residential premises uses for nonbusiness, noncommercial or nonindustrial purposes. Utility service through a single or master meter for residential apartments or condominiums, including service for common areas and facilities and vacant units, shall be deemed to be for domestic use. Each seller shall establish and maintain a system whereby individual purchases are determined as exempt or nonexempt;

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Domestic Foreign Holding Company means any Domestic Subsidiary of the Borrower that owns no material assets (held directly or indirectly through one or more disregarded entities) other than capital stock (or capital stock and/or debt) of one or more Foreign Subsidiaries that are CFCs and/or Domestic Foreign Holding Companies.

  • Foreign Bank means an organization that (i) is organized under the laws of a foreign country, (ii) engages in the business of banking, (iii) is recognized as a bank by the bank supervisory or monetary authority of the country of its organization or principal banking operations, (iv) receives deposits to a substantial extent in the regular course of its business, and (v) has the power to accept demand deposits, but does not include the U.S. branches or agencies of a foreign bank;

  • Branch of a company shall mean a place of business not having legal personality which has the appearance of permanency, such as the extension of a parent body, has a management and is materially equipped to negotiate business with third parties so that the latter, although knowing that there will if necessary be a legal link with the parent body, the head office of which is abroad, do not have to deal directly with such parent body but may transact business at the place of business constituting the extension.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Rabobank means Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland”, New York Branch.

  • Domestic Corporation means an entity that is treated as a corporation for United States federal income tax purposes and is a U.S. Tax Person.

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

  • Domestic Office means, relative to any Lender, the office of such Lender designated as such below its signature hereto or designated in the Lender Assignment Agreement or such other office of a Lender (or any successor or assign of such Lender) within the United States as may be designated from time to time by notice from such Lender, as the case may be, to each other Person party hereto. A Lender may have separate Domestic Offices for purposes of making, maintaining or continuing, as the case may be, Base Rate Loans.

  • resident Canadian means an individual who is:

  • Bangladesh Bank means the bank established under Article 3 of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) for the purpose of carrying on the business of central banking and also includes its successors;

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • domestic customer means the occupier of domestic premises;