Deposit Currency definition
Deposit Currency means the currency, as selected by the Customer and agreed by the Bank, in which the Customer makes their original deposit for the purposes of placing a Currency Linked Deposit with the Bank;
Deposit Currency means, in relation to each Deposit Plus deposit, the currency in which such Deposit Plus deposit is denominated when received by the Bank, as set out in the relevant Confirmation.
Deposit Currency means, in respect of a CPI Deposit, an Eligible Currency in which such CPI Deposit is denominated; “Deposit Period” has the meaning ascribed to it in Clause 3;
Examples of Deposit Currency in a sentence
On the Maturity Date, the Bank will only pay the principal of the Interest / Currency Linked SD (together with the accrued interest/yield, if any) in the Deposit Currency into the Settlement Account, provided that such payment will not breach any limitation imposed on such Settlement Account.
More Definitions of Deposit Currency
Deposit Currency means the currency in which the Deposit is placed with the Bank which shall be an Eligible Currency other
Deposit Currency means the main currency of the Client’s Account.
Deposit Currency means the currency in which the Deposit is placed with the Bank which shall be an Eligible Currency (definition see below);
Deposit Currency means, in respect of any Currency-Linked Deposit, the currency specified as such in the relevant Confirmation Advice;
Deposit Currency means the currency in which the deposit ac- count has been opened;
Deposit Currency means the local currency of the corresponding Component;
Deposit Currency means the currency specified as such in the Confirmation.