banking institution definition

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 institution means a bank or trust company, including the Custodian, any Subcustodian or any subsidiary or Affiliate of the Custodian.
banking institution means a banking institution as defined in section 1 of the Banking Institutions Act, 1998 (Act No. 2 of 1998);

Examples of banking institution in a sentence

  • Subject to the provisions of Section 3.7, Provider shall be responsible for the selection of the Banking Institution and for the failure of such Banking Institution to pay according to the terms of the deposit.

  • If this changes over time, please notify NJRRE: Name of Banking Institution Name on Checking Account Bank Routing Number Bank Account Number AGENT: Name Printed: Signature: Date: for NJRRE: Xxx X.


More Definitions of banking institution

banking institution means an institution that is incorporated under the laws of the State as a State bank, trust company, or savings bank.
banking institution means a banking institution as defined in section 1 of the Banking Institutions Act;
banking institution means a banking institution as defined in section 1 and registered or provisionally registered or deemed to be registered or to be provisionally registered as a banking institution in terms of section 4 of the Banks Act, 1965 (Act No. 23 of 1965), but does not include a provisionally registered banking institution which is so registered provisionally after the coming into operation of the Administration of Estates Amendment Act, 1971;
banking institution means a public company authorised under this Act to conduct banking business, or deemed to be so authorised;
banking institution means a banking institution as defined in section 1 of the Banks Act, 1965 (Act No. 23 of 1965), and registered or provisionally registered or deemed to be registered as a banking institution in terms of section 4 of that Act, but does not include a provisionally registered banking institution which is so registered provisionally after the coming into operation of the Insolvency Amendment Act, 1972;[The definition of “banking institution” is inserted by Act 6 of 1972. The Banks Act 23 of 1965 has been replaced by the Banking Institutions Act 2 of 1998.]
banking institution means an institution registered otherwise than provisionally as a bank in terms of the Banks Act, 1965 (Act 23 of 1965);
banking institution means the banking institution authorised to conduct banking business under the Banking Institutions Act, 1998 (Act No. 2 of 1998);