Foreign Currency Deposit definition

Foreign Currency Deposit means a Deposit denominated in a currency which is not the currency of the jurisdiction in which the Deposit is held;
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Foreign Currency Deposit means fixed deposit of foreign currency.
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Examples of Foreign Currency Deposit in a sentence

  • All withdrawals from the Financing Account shall be deposited by the Association into the Foreign Currency Deposit Account.

  • Upon each deposit of an amount of the Financing into the Foreign Currency Deposit Account, the Recipient shall deposit an equivalent amount into the Local Currency Deposit Account.

  • Any matters not expressly set forth in this Agreement shall be handled as set forth in the Common Customer Agreement on PowerFlex Transaction, the Customer Agreement on Yen Deposit for PowerFlex Account”, the Customer Agreement on Foreign Currency Deposit for PowerFlex Account, the Customer Agreement on Shinsei PowerCall for PowerFlex Account, and the Bank’s other Customer Agreements.

  • All withdrawals from the Credit Account shall be deposited by the Association into the Foreign Currency Deposit Account.

  • All withdrawals from the Loan Account shall be deposited by the Bank into the Foreign Currency Deposit Account.

  • Upon each deposit of an amount of the Credit into the Foreign Currency Deposit Account, the Recipient shall deposit an equivalent amount into the Local Currency Deposit Account.

  • In case the Financing proceeds are used for expenditures in local currency, upon each deposit of an amount of the Financing into the Foreign Currency Deposit Account, the Recipient shall deposit an equivalent amount into the Local Currency Deposit Account.

  • Upon each deposit of an amount of the Loan into the Foreign Currency Deposit Account, the Borrower shall deposit an equivalent amount in Vietnamese Dong into its budget management system, in a manner acceptable to Bank.

  • The Recipient shall ensure that upon each deposit of an amount of the Financing into the Foreign Currency Deposit Account, an equivalent amount is accounted for in the Recipient’s budget management system, in a manner acceptable to the Association.

  • Upon the deposit of (i) the First Tranche and (ii) the Second Tranche into the Foreign Currency Deposit Account, the Recipient shall deposit an equivalent amount into the Local Currency Deposit Account.