Foreign bank branch definition

Foreign bank branch means a place of business of a foreign bank, located in any state, the District of Columbia, or a territory, or protectorate of the United States, that is not a foreign bank agency, bank, or out-of-state bank, at which deposits are received and that is established and operating as a branch of a foreign bank under this act, the international banking act of 1978, or the laws of another state.
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Foreign bank branch means an office in this State of a foreign bank that is exercising the powers authorized by § 1404(a) of this title.
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Foreign bank branch means a branch of a foreign bank licensed by the Central Bank to carry out banking business in Myanmar;
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Examples of Foreign bank branch in a sentence

  • Foreign bank branch shall place funds in the Republic of Macedonia in the amount of at least 20% of the collected deposits of residents in the Republic of Macedonia.

  • Any other activities not included in the license are prohibited.A Foreign bank branch in Bulgaria can obtain a banking license for all or some of the abovementioned transactions provided that the foreign bank may conclude these transactions in the country where it has its registered office.

  • Article 111-3 § 5 provides that courts and tribunals shall return notices of appeal on points of law to the appellant without examining the appeal on the merits if it has been lodged out of time and the appellant has not applied for an extension of time.

  • Foreign bank branch access to the Guarantee Scheme for wholesale funding involves the same additional conditions and restrictions as outlined for deposits.

  • Foreign bank branch shall place funds in the Republic of North Macedonia in the amount of at least 20% of the collected deposits of residents in the Republic of North Macedonia.

  • Foreign bank branch is allowed to operate up to 3 service points.

  • Foreign bank branch applicants must have received a written consent from their home supervisor for the establishment of a banking operation in Kingdom of Saudi Arabia.

  • Foreign bank branch applicants must satisfy SAMA that they are subject to adequate prudential supervision in their home country.

  • Therefore, the more prolonged the symptom duration, the longer the athlete will have sat out.

  • Foreign bank branch participation in the U.S. syndicated loan market helps fund corporate investments and allows U.S. banks to spread loan portfolio risk.


More Definitions of Foreign bank branch

Foreign bank branch means a branch of a foreign commercial bank licensed to undertake commercial banking business in Thailand.
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Foreign bank branch means a foreign bank's subsidiary without legal entity status and the foreign bank is liable for all of the branch's obligations and commitments in Vietnam.
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Related to Foreign bank branch

  • Foreign Bank means an organization that (i) is organized under the laws of a foreign country, (ii) engages in the business of banking, (iii) is recognized as a bank by the bank supervisory or monetary authority of the country of its organization or principal banking operations, (iv) receives deposits to a substantial extent in the regular course of its business, and (v) has the power to accept demand deposits, but does not include the U.S. branches or agencies of a foreign bank;

  • UK Non-Bank Lender means where a Lender becomes a Party after the day on which this Agreement is entered into, a Lender which gives a Tax Confirmation in the assignment agreement or Transfer Certificate which it executes on becoming a Party.

  • Factory branch means a branch office maintained by a person for the sale of motor vehicles to

  • Mizuho means Mizuho Bank, Ltd.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Branch of a company shall mean a place of business not having legal personality which has the appearance of permanency, such as the extension of a parent body, has a management and is materially equipped to negotiate business with third parties so that the latter, although knowing that there will if necessary be a legal link with the parent body, the head office of which is abroad, do not have to deal directly with such parent body but may transact business at the place of business constituting the extension;

  • Head Office means such office of the Company as the Directors may from time to time determine to be the principal office of the Company;

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Bank of America means Bank of America, N.A. and its successors.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Wachovia means Wachovia Bank, National Association, a national banking association, together with its successors and/or assigns.

  • Bank of America Fee Letter means the letter agreement, dated January 4, 2011, among the Borrower, Bank of America and MLPFS.

  • Authorized Branches means those Branches of Distributors or Distribution Companies which are allowed by the Management Company to deal in Units of the Funds managed by the Management Company.

  • foreign national means the following:

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;