Foreign Exchange Bank definition

Foreign Exchange Bank means any Person that, (i) at the time it enters into an agreement to provide foreign exchange services with the Borrower or any Subsidiary, is a Lender or an Affiliate of a Lender, or, (ii) in the case of an agreement to provide foreign exchange services with the Borrower or any Subsidiary executed prior to the Closing Date, was a Lender or an Affiliate of a Lender on the Closing Date, in any case in its capacity as a party to such an agreement to provide foreign exchange services.
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Foreign Exchange Bank means a Bank acquired a letter of appointment from Bank Indonesia to conduct banking business in foreign currencies, including a branch office of a foreign bank in Indonesia, but not including an overseas branch office of a Bank headquartered in Indonesia.
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Foreign Exchange Bank has the meaning specified in Section 3.2;
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Examples of Foreign Exchange Bank in a sentence

  • Each of our main products has been bestowed with such international awards as “ Best Foreign Exchange Bank in Taiwan” , “ Best Domestic Custodian Bank in Taiwan” , “ Best Treasury & Cash Management Bank in Taiwan” , “ Best Trade Finance Bank in Taiwan” , “ Best Rate Derivatives House” , and “ Best Commodities House” .

  • In addition, our Bank also became the only Designated Foreign Exchange Bank in the province awarded with Class A Foreign Exchange Management for five consecutive years.Management Discussion and Analysis (V) Distribution Channels1.

  • Each Foreign Exchange Bank agrees, on the terms and conditions hereinafter set forth and subject to Section 5.02(r), to enter into foreign exchange contracts with any Borrower from time to time at the request of such Borrower during the period from the date hereof to and including the Revolving Termination Date but only to the extent that the aggregate amount of Foreign Exchange Contract Exposure shall not exceed the maximum amount permitted by Section 5.02(r)(i) at such time.

  • Effective period Until November 13, 1998 Condition : N/A 1998 Confirmation by the Authorized Foreign Exchange Bank: On the basis of Korea Foreign Exchange Control Regulation, we as the authorized bank, hereto affix the seal of us in testimony of approval.

  • It shall be the trustees' responsibility to select an agent of record.

  • In 1982 women occupied the positions of Examiner of Bank, Bank of Israel; Assistant Commissioner, Income Tax and Property Tax Commission, Ministry of Finance; Assistant- Director, Economic Planning Authority, Ministry of Finance; Assistant Controller of Foreign Exchange, Bank of Israel.

  • Pursuant to Bank Indonesia’s Decree No. 27/156/KEP/DIR dated March 22, 1995, BS was authorized to operate as a Foreign Exchange Bank.

  • The successful year was capped by a prestigious award announced by ‘Global Finance’, a leading international financial publication which announced Gulf Bank as the winner of the ‘Best Foreign Exchange Bank in Kuwait’.

  • Each of our main products has been honored with international awards consecutively such as”Best Foreign Exchange Bank in Taiwan”, ”Best Domestic Custodian Bank in Taiwan”, ”Best FX Derivatives House ,Taiwan”, ”Best Cash Management Bank in Taiwan”, “Best Trade Finance Bank in Taiwan”, etc.

  • National Islamic Foreign Exchange Bank Liabilities NoName of Bank201520162017201820191PT.


More Definitions of Foreign Exchange Bank

Foreign Exchange Bank means Boatmen's First National Bank of Kansas City (together with any successor by merger or consolidation) or any other Lender which provides a replacement foreign exchange line in an amount not greater than $500,000.
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Foreign Exchange Bank means any Lender or any Affiliate thereof that is party to a Foreign Exchange Contract with a Loan Party.
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Foreign Exchange Bank means, as provided in Section 2.2(d) below, the bank authorized to carry out foreign exchange transactions in Brazil as the Seller may designate by written notice delivered to the Buyer at least five Business Days prior to the Closing Date, provided that, in case the Foreign Exchange Bank does not accept the designation by the Seller up to such date, the Foreign Exchange Bank shall be a bank authorized to carry out foreign exchange transactions freely selected by the Buyer among the banks having a previous working relationship with the Buyer or CEMIG.
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Related to Foreign Exchange Bank

  • Foreign Exchange (FX) means a service whereby calls either originated by or delivered to a customer who has purchased FX service from the state or interstate tariffs of either Party. FX also includes, but is not limited to, FX-like services provided by either Party where calls are originated from and/or delivered to numbers which are assigned to a Rate Center within one local calling area but where the Party receiving the call is physically located outside of that local calling area. FX service can be either interLATA or intraLATA. InterLATA FX, where the originating and receiving parties are physically located in different LATAs, is considered equivalent to FGA and the intercarrier compensation mechanism is the same as FGA. IntraLATA FX, when provided by two or more local exchange carriers “LECs”, is considered a jointly provided service and meet-point billed by those providing it utilizing a mutually agreed to meet-point billing, or meet-point billing like procedure.

  • Foreign Exchange (FX) or “FX-like” Service means a retail service offering which allows FX End Users to obtain Exchange Service from a mandatory local calling area other than the mandatory local calling area where the FX End User is physically located, but within the same LATA as the number that is assigned. FX Service enables particular End Users to avoid what might otherwise be toll calls between the FX End User’s physical location and other End Users in the foreign exchange.

  • UK Financial Institutions 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.

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other cash management arrangements.

  • 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.