Examples of Correspondent Account in a sentence
Foreign Bank hereby agrees to notify in writing each Covered Financial Institution at which it maintains any Correspondent Account of any change in facts or circumstances reported in this Certification.
No Correspondent Account maintained by a Covered Financial Institution may be used to indirectly provide banking services to certain foreign banks.
Foreign Bankhereby certifies that it does not use any Correspondent Account with a Covered Financial Institution to indirectly provide banking services to any foreign bank that does not maintain a physical presence in any country and that is not a regulated affiliate.
Foreign Bank hereby certifies that it does not use any Correspondent Account with a Covered Financial Institution to indirectly provide banking services to any foreign bank that does not maintain a physical presence in any country and that is not a regulated affiliate.
XNo Correspondent Account maintained by a Covered Financial Institution may be used to indirectly provide banking services to certain foreign banks.