Correspondent means any insurer or other person appointed by one or more insurers with the approval of the Bureau of the country in which the person is established with a view to handling and settling claims arising from accidents involving vehicles for which the insurer or insurers in question have issued an insurance policy and occurring in that country;
Correspondent means a broker/dealer which utilizes Vision to perform securities clearing services on its behalf. The Customer accounts of a Correspondent are carried on Vision’s books and records.
Correspondent means any insurer or other person appointed by one or more insurers with the approval of the Bureau of the country in which the person is established with a view to handling and settling claims arising from accidents involving vehicles for which the insurer or insurers in question have issued an insurance policy and occurring in that country.
Examples of Correspondent in a sentence
The Client will provide Instinet with the separate Treasury form titled "Recertification Regarding Correspondent Accounts for Foreign Banks" ("Recertification") by the third anniversary of the account opening, and every three years thereafter.
More Definitions of Correspondent
Correspondent means any financial institution designated by an Issuing Lender to act as such Issuing Lender's correspondent hereunder with respect to the distribution and payment of Letters of Credit denominated in an Alternative Currency.
Correspondent means a financial institution used by us to make a payment directly or indirectly to a payee and includes any intermediary correspondent;
Correspondent means the central body designated by each Member State and the Commission, in accordance with Article 37;
Correspondent means a “Correspondent” as defined in the Reserve Banks’ Operating Circular 1, Account Relationships, that has authorized a Reserve Bank to settle the following transaction activity to its Master Account for a Participant:
Correspondent means an international telecommunications operator to whom a party’s international network is connected and from whom traffic is sourced and/or to whom international traffic is provided;
Correspondent means refers to a financial institution that provides services to another one. It acts as an intermediary or agent, facilitating wire transfers, conducting business transactions, accepting deposits, and gathering documents on behalf of another bank.
Correspondent means a lender that originates conventional, government and/or jumbo residential mortgage loans under the Correspondent Lending Program.