ADI means an institution that is an authorized deposit-taking institution under the Australian Banking Act and regulated as such by APRA;

ADI means any bank, building society, credit union or other authorised deposit-taking institution within the meaning of the Banking Act 1959 (Cth).

ADI means Australian deposit-taking institution;

Examples of ADI in a sentence

All money paid to us by you or a person acting on your behalf, or which is received by us on behalf of you, will be held by us in one or more client money trust accounts with an Australian ADI or an approved foreign bank.
You agree and acknowledge that individual Accounts of our clients are not separated from each other within the client money trust accounts operated by us and that your moneys may be co-mingled with our other clients’ moneys, and that we will not be liable for the insolvency or any act or omission of any ADI holding the trust accounts.
All moneys deposited by you to credit your Account is Client Money within the meaning of the Australian Client Money Rules, which are provisions of the Corporations Act, and will be held in an account with an Australian ADI or an approved foreign bank in accordance with the Australian Client Money Rules.

More Definitions of ADI

ADI means an Approved Driving Instructor;

ADI has the meaning set forth in Section 4.1(a).

ADI means Adriana Resources Inc.

ADI means an authorised deposit-taking institution, as defined in the Banking Act 1959.

ADI means Authorised Deposit-taking Institution, meaning a body corporate authorised under section 9 of the Banking Act, to carry on banking business in Australia;

ADI means an authorised deposit-taking institution as that term is used in the Banking Act. "APRA" means the Australian Prudential Regulation Authority.

ADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959 (Cth);