Partner Bank definition

Partner Bank means each of our partner bank in such jurisdiction as may be specified in the Partner Bank Arrangement Request;
Partner Bank means the bank which has contracted with PITB for the purposes of carrying out Banking Transactions i.e. Credit/Debit & Settlement of funds.
Partner Bank means a bank with which we jointly act to provide you with the Partner Bank Cash / Cheque Deposit Service.

Examples of Partner Bank in a sentence

  • This means that if the interest rate paid by the Partner Bank for the deposit facility is higher than the interest rate agreed with the Customer, the additional amount will be due and owing to Raisin Bank, rather than the Customer.

  • The Customer agrees that Raisin Bank is authorised to collect interest payments from the Partner Bank on his/her deposits.

  • The Customer funds are deposited with the Partner Bank when Raisin Bank makes a deposit in its own name, at the conditions specified in the Deposit Offer, and discloses the Customer as the beneficial owner of the deposit to the Partner Bank.

  • As the Deposit Order contains an agreement to deviate from the German agency rules outlined above, Raisin Bank will not be obliged to pass on all interest payments from the Partner Bank to the Customer.

  • Its service is limited to placing deposits at the Partner Bank in accordance with this Agreement.


More Definitions of Partner Bank

Partner Bank means a bank with which we jointly act to provide you with the Cheque Outsourcing Service.
Partner Bank means a bank with which we have a partnership to provide you with the Cash Delivery Service.
Partner Bank means a bank with which CIMB Bank has an agreement which allows CIMB Bank’s customers access to and use of such bank’s network of automated teller machines.
Partner Bank means each EU credit institution which may offer certain deposit products through the Distribution Partner Platform;
Partner Bank means a bank with which we have a partnership to provide you with the Partner Bank Cash Withdrawal Service.
Partner Bank means the financial institutions entrusted with the responsibility of retail lending of monies of the Fund.
Partner Bank means, individually, a financial institution established and operating pursuant to the laws of the Recipient, which has met the eligibility criteria established by the Recipient through MRRD and agreed by the qualified financial services provider in the PRG Facility Agreement, and, as a result has received a Partial Risk Guarantee under Part 2(c)(i) of the Project; and “Partner Banks” mean, collectively, more than one Partner Bank.