Treasury Bank definition

Treasury Bank means a bank insured by the Federal Deposit Insurance Corporation through which Stripe or its Affiliate holds Stripe Treasury Accountholder funds.
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Treasury Bank. Treasury Bank, a Division of Countywide Bank, FSB, and any successor in interest.
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Treasury Bank means a Polish banking institution selected by the Borrower for the provision of Micro-credits;
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Examples of Treasury Bank in a sentence

  • SPC may Hold funds transferred to your Financial Account by ACH, wire transfer or a transfer from a Financial Account with the Treasury Bank if SPC has reasonable cause to doubt collectability, is concerned about potential fraud, including for new Financial Accounts or large transfers of funds, or is concerned about compliance with the Treasury Regulatory Requirements.

  • The FDIC Insurance per depositor limit applies to the aggregate of all funds that you have on deposit with the relevant Treasury Bank as beneficial owner, including all funds in another account with the Treasury Bank.

  • SPC or the Treasury Bank will disclose to the relevant tax authorities all income derived from the funds held on your behalf in the Custodial Account (if any) if the Treasury Regulatory Requirements require.

  • You may add funds to your Financial Account by a Financial Account Transaction (such as a direct deposit or an electronic transfer from an external account you own), wire transfer, or from another account at a Treasury Bank.

  • FDIC Insurance coverage is contingent on determinations FDIC makes at the time the Treasury Bank goes into receivership or other form of insolvency.

  • You must assist SPC and your Stripe Connect Platform by providing records and other information as the Treasury Bank may request.

  • In these Stripe Treasury Accountholder Terms, references to “business days” are to business days in the City of New York on which the Treasury Bank is open to the public for carrying on substantially all of its banking functions.

  • SPC may refuse any transfer (a) by any method that SPC does not specifically permit for your Financial Account; or (b) that does not include all information SPC or the Treasury Bank requires.

  • If you are subject to backup withholding or if the IRS notifies SPC or a Treasury Bank that the Treasury Bank does not have a correct tax identification number for you, then SPC may cooperate with the Treasury Bank and withhold and remit to the IRS a percentage of any interest paid and allocated to your Financial Account.

  • You must not, and must ensure that Stripe Treasury Accountholders and Treasury Authorized Users do not take or fail to take any action that could cause a Stripe Entity or any applicable Treasury Bank to violate any Treasury Regulatory Requirement.


More Definitions of Treasury Bank

Treasury Bank means a commercial bank selected in accordance with the criteria satisfactory to the Bank to manage, on behalf of the Borrower, the disbursement of funds under the Project.
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Related to Treasury Bank

  • New York Federal Reserve s Website" means the website of the Federal Reserve Bank of New York currently at http://www.newyorkfed.org, or any successor website;

  • Comparable Treasury Issue means the United States Treasury security selected by an Independent Investment Banker as having a maturity comparable to the remaining term of the Notes that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes.

  • Approved Bank shall have the meaning set forth in the definition of “Cash Equivalents.”

  • Federal Reserve Board means the Board of Governors of the Federal Reserve System.