Bank B definition
Examples of Bank B in a sentence
After this conversation, Bank B approaches the Reserve Bank for an advance.
The employee is considered to be seeking employment with Bank B because the employee did not clearly reject Bank B's offer but merely postponed discussion to the foreseeable future.
Bank A sells/transfers a loan to Bank B without the customer’s knowledge and the terms and conditions of the contract are not changed.
Example 1 An employee in the Credit and Discount Department receives a call from Bank B asking the employee whether the employee is interested in leaving the Reserve Bank and going to work for Bank B.
Thus, the employee must refrain from participating in the decision to approve or deny the advance to Bank B.
The employee informs Bank B that she is involved in a project that will be completed by year-end, and that, until the project is completed, she cannot consider leaving the Reserve Bank.
Because Bank B obtains title to the wheat under the fixed-price purchase agreement, it is exposed to price risk should the price of wheat drop.
Although Bank B has lent the silver, it is still exposed to a reduction in value if the price of silver falls.
In addition, where one institution contracts with another for fiduciary or related services(i.e., Bank A provides custody services to the trust accounts of Bank B, or Bank A provides investment management services to the trust accounts of Bank B) both institutions should report the accounts in their respective capacities.
Bank B offers the same loan, for the same period, charging an annual simple interest is = 7.1%.