Bank Deposit definition

Bank Deposit means money that has been paid to the Bank to be held as a “deposit product” in the Client’s name for the purposes of section 989A(3) of the Corporations Act.
Bank Deposit means a deposit of money made with a bank, and the term “deposit” has the meaning given in section 2(1) of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong).

Examples of Bank Deposit in a sentence

  • The Custodian shall include in its records with respect to the assets of each Portfolio appropriate notation as to the amount and currency of each such Interest Bearing Bank Deposit, the accepting Banking Institution and all other appropriate details, and shall retain such forms of advice or receipt evidencing such account, if any, as may be forwarded to the Custodian by the Banking Institution.

  • Once a salary and start date have been agreed, you will receive a commencement pack from the HR Team including your contract and other documents (e.g. the ACON Code of Conduct, Tax File Declarations, Bank Deposit details, Superannuation Choice forms, etc.).

  • The following forms of payment will be acceptable: 1) Cash OR 2) Bank Cheques (where the Drawer of the Cheque is the Bank), OR 3) Bank Deposit.

  • The Clearing Firm will, however, give priority to one additional Affiliated Bank in the Expanded Bank Deposit Sweep.

  • In the Expanded Bank Deposit Sweep, any deposits that exceed $1,240,000 will be deposited at Xxxxx Fargo Bank, N.A. and will not be FDIC insured.


More Definitions of Bank Deposit

Bank Deposit means the Goldman Sachs Bank Deposit.
Bank Deposit means a bank or similar deposit whether instant access, on notice, or for a fixed-term.
Bank Deposit means a deposit to your E-Wallet that is funded by an electronic transfer from your registered bank account.
Bank Deposit means a deposit with a Deposit Bank.
Bank Deposit means the Goldman Sachs Bank Deposit at GS Bank, which operates as a cash sweep account for certain clients if designated as the sweep option for holding available cash on the GS platform.
Bank Deposit means the Goldman Sachs Bank Deposit at GS Bank, which operates as a cash sweep account for clients for whom it has been designated as the sweep option for holding available cash.