Offshore Banking Unit definition

Offshore Banking Unit means a branch of a bank located in a Special Economic Zone and which has obtained the permission under clause (a) of sub-section (1) of section 23 of the Banking Regulation Act, 1949 (10 of 1949);

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Offshore Banking Unit means a banking branch Unit located in an International Financial Services Centre, as referred to in sub-section (1A) of section 80LA of the Act;

Offshore Banking Unit means a branch of a bank located in a Special Economic Zone and which has obtained the permission under clause (a) of sub-section

Examples of Offshore Banking Unit in a sentence

• Offshore Banking Unit (OBU) customers may set up special-purpose money trusts only in foreign currencies, and use them to invest in foreign securities only.

• Original Borrower ã Mallesons S▇▇▇▇▇▇ ▇▇▇▇▇▇ Bridge Facility Agreement 29 9116365_5 NAB Santander — 3 October 2007 2007 Renewal Facility Agreement Schedule 2 — Drawdown Notice (clause 3) To: National Australia Bank Offshore Banking Unit Level 31, 5▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Attention: Associate [Date] Drawdown Notice — Bridge Facility Agreement between Santander BanCorp, Santander Financial Services, Inc.

• Cyprus Offshore Banking Unit — Czech Republic Ceskoslovenska Obehodni — Denmark Den Danske Bank — Ecuador Citibank, N.A. — Egypt National Bank of Egypt — Estonia Hansabank — Finland ▇▇▇▇▇▇ Bank Limited — France Banque Paribas — Germany Dresdner Bank AG — Ghana Barclays Bank of Ghana Limited — Greece National Bank of Greece S.A. The Bank of Greece, System for Monitoring Transactions in Securities in Book-Entry Form Hong Kong Standard Chartered Bank — Hungary Citibank Budapest Rt. — Iceland Icebank Ltd.

• We wish to draw [A$[*] / [other Available Currency] [*]] on [a Business Day], with an initial interest period of [ ] from Westpac’s [Offshore Banking Unit / ▇▇▇▇▇▇ / ▇▇▇ ▇▇▇▇ / ▇▇▇▇▇▇] ▇▇▇ice.

• None Cyprus Offshore Banking Unit _______ Czech Republic Ceskoslovenska Obchodni Stredisko cennych papiru Banka A.S. Czech National Bank _______ Denmark Den Danske Bank Vaerdipapircentralen (The Danish Securities Center) ______ Ecuador Citibank, N.A. None _______ Egypt National Bank of Egypt Misr Company for Clearing, Settlement, and Central Depository _______ Finland Merita Bank Ltd.

• The Lender represents and warrants to the Borrowers that the making of Advances under this Agreement by its Offshore Banking Unit will not have any adverse Tax consequences for the Borrowers.

More Definitions of Offshore Banking Unit

Offshore Banking Unit means a branch of a bank located in a SEZ and which has obtained the permission under section 23(1)(a) of the Banking Regulation Act, 1949.

Offshore Banking Unit means the Bank’s offshore banking unit located at the date of this agreement in Melbourne.

Offshore Banking Unit means a brangh of a bank in India logated in the spegial egonomig zone and has obtained the permission under glause (a) of sub-

Offshore Banking Unit means the Lender’s ‘Offshore Banking Unit’ located at Level ▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ K▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇.

Offshore Banking Unit means a banking branch Unit located in an International Financial

Offshore Banking Unit means a branch, subsidiary or affiliate of a foreign banking corporation which is duly authorized by the Central Bank of the Philippines to transact offshore banking business in the Philippines.