deposit broker definition
deposit broker means any person who brings together with credit institutions persons seeking to make deposits in return for a fee, commission or other reward;
deposit broker means any person who brings together with credit institutions persons seeking to make deposits in return for a fee, commission or other reward. A deposit Broker may act for one or a number of credit institutions. The deposit Broker may not accept cash. All cheques must be made payable to the relevant credit institution.
deposit broker means a deposit broker that has signed an agency contract with ResMor Trust substantially in the form of ResMor Trust’s standard form agency contract.
More Definitions of deposit broker
deposit broker means any person who brings together with credit institutions persons
deposit broker means a natural person or a company that places third-party deposits, including retail deposits and corporate deposits, but excluding deposits from non-bank financial institutions, with banks, in exchange of a fee;