Banking Date definition

Banking Date means, in respect of any city, any date on which commercial banks are open for business in that city.
Sample 1Sample 2Sample 3
Banking Date means, in respect of any city, any date on which commercial banks are open for business in that city. If both the Telerate and Reuters Systems are unavailable, then the rate for that date will be determined on the basis of the offered rates for deposits in U.S. Dollars for a period of time comparable to the Interest Period which are offered by four (4) major banks in the London Interbank Market at approximately 11:00 a.m. London time, on the day that is two (2) London Banking Days preceding the first day of such Interest Period as selected by the Bank. The principal London office of each of the four (4) major London banks will be requested to provide a quotation of its U.S. Dollar deposit offered rate. If at least two (2) such quotations are provided, the rate for that date will be the arithmetic mean of the quotations. If fewer than two (2) quotations are provided as requested, the rate for that day will be determined on the basis of the rates quoted for loans in U.S. Dollars to leading European banks for a period of time comparable to such Interest Period offered by major banks in New York City at approximately 11:00 a.m. New York City time, on the day that is two (2) London Banking Days preceding the first day of such Interest Period. In the event that the Bank is unable to obtain any such quotation as provided above, it will be deemed that the LIBOR cannot be determined, and the Variable Rate shall be substituted for the LIBOR for any such Interest Period.
Sample 1
Banking Date means, in respect of any city, any date on which commercial banks are open for business in that city. If both the Telerate and Reuters Systems are unavailable, then the rate for that date will be determined on the basis of the offered rates for deposits in U.S. Dollars for a period of time comparable to the Interest Period which are offered by four (4) major banks in the London Interbank Market at approximately 11:00 a.m. London time, on the day that is two (2) London Banking Days preceding the first day of such Interest Period as selected by the Bank. The principal London office of each of the four (4) major London banks will be requested to provide a quotation of its U.S. Dollar deposit offered rate. If at least two (2) such quotations are provided, the rate for that date will be the arithmetic mean of the quotations. If fewer than two (2) quotations are provided as requested, the rate for that day will be determined on the basis of the rates quoted for loans in U.S. Dollars to leading European banks for a period of time comparable to such Interest Period offered by major banks in New York City at approximately 11:00 a.m. New York City time, on the day that is two (2) London Banking Days preceding the first day of such Interest Period. In the event that the Bank is unable to obtain any such quotation as provided above, it will be deemed that the LIBOR cannot be determined, and the Variable Rate shall be substituted for the LIBOR for any such Interest Period.
Sample 1

Examples of Banking Date in a sentence

  • If this day is not a Banking Day the immediately following Banking Date is deemed to be the Additional Amount Payment Date.

  • DPD = Banking Date – Due Date for repaymentWhen the client fail to pay more than one agreed instalment, the date of the first unpaid instalment is considered as Due date for repayment.

  • No. : Customer ID :Experience Next Generation Banking Date :Branch............................................................

  • Please collect fresh KYC and get it uploaded, if photograph and signature are not available in CBS.SOL IDType of RequestType of serviceMaker User IDChecker User IDATM related services Internet/Mob/SMS Banking Date Stamp of Post Office Signature of Chief/Sr./Head/Sub PostmasterTerms and Conditions for usage of DOP ATM cardThe Terms and Conditions under which the DOP ATM Card has been issued are mentioned below for your guidance.

  • Xxxxxxxx Title: Commissioner By: -DocuSigned by: Xxxxxx Xxxxxxxxxx -413CADE90073473 Name: xxxxxx Xxxxxxxxx Title: Date: Acting Director of Banking Date: 12/30/2021 12/27/2021 Florida Office of Financial Regulation: Michigan Department of Insurance DocuSigned by.

  • New Membership Change Banking Date Requested: / / BANK/CREDIT CARD DRAFT AUTHORIZATIONPlease read and initial each.

  • Digital Banking, Retail Banking Date: Jun 05, 2020RBI announces creation of Payments Infrastructure Development Fund The Reserve Bank announces creation of a Payments Infrastructure Development Fund (PIDF) to encourage acquirers to deploy Points of Sale (PoS) infrastructure (both physical and digital modes) in tier-3 to tier-6 centres and north eastern states.

  • Please collect fresh KYC and get it uploaded, if photograph and signature are not available in CBS.SOL IDType of RequestType of serviceMaker User IDChecker User IDATM related services Internet/Mob/SMS Banking Date Stamp of Post Office Signature of Chief/Sr./Head/Sub Postmaster SB/CQE-4 Department of Posts APPLICATION FOR AVAILING CHEQUE FACILITY/ISSUE FRESH CHEQUE BOOK IN POST OFFICE SAVINGS ACCOUNT To, The Postmaster……………………………………..

  • André van der Veer (48) Independent non-executive director (South African) BPL(Hons), MPL (Economics and Banking) Date of appointment: 14 May 2014 After completing a Master’s degree in Banking and Economics during 1991, André joined FirstCorp Merchant Bank where he founded the agricultural commodities and derivatives trading group in 1995.

  • The Valuation Date is the last Banking Date of a calendar month.MLTFPA is Money Laundering and Terrorist Financing Prevention Act.

Related to Banking Date

  • RFR Banking Day means any day specified as such in the Reference Rate Terms.

  • Banking Day means each day (other than a Saturday or Sunday) on which the Clearing System and the Trans-European Automated Real-time Gross settlement Express Transfer-System (TARGET2) ("TARGET2") are open for business.

  • New York City Banking Day means any day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in New York City;

  • New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or required by law or executive order to close.

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • Relevant Banking Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Registrar is located and, in the case only of an exchange of a Bearer Note for a Registered Note where such request for exchange is made to the Principal Paying Agent, in the place where the specified office of the Principal Paying Agent is located;

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • London Business Day means any Business Day on which dealings in deposits in United States Dollars are transacted in the London interbank market.

  • New York Business Day means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York City are generally authorized or obligated by law or executive order to close.

  • banking company means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);

  • Eurodollar Banking Day means any Banking Day on which dealings in Dollar deposits are conducted by and among banks in the Designated Eurodollar Market.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized by law to close.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • banking group means the New Zealand business of the registered bank and its subsidiaries as required to be reported in group financial statements for the group’s New Zealand business under section 461B(2) of the Financial Markets Conduct Act 2013.

  • Euro Business Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System, or any successor system, is open for business.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.