Vault cash means United States currency and coin owned and booked as an asset by a depository institution that may, at any time, be used to sat- isfy claims of that depository institu- tion’s depositors and that meets the re- quirements of paragraph (k)(2)(i) or (k)(2)(ii) of this section.(2) Vault cash must be either:
Vault cash means the currency supplied by one or more third party financial institutions pursuant to the terms of a Vault Cash Agreement for the exclusive purpose of stocking the Company ATMs, which includes currency that is (i) loaded into a Company ATM and/or (ii) in the possession of an armored carrier service under contract with one or both of the Companies for the express purpose of delivering such currency to (or retrieving such currency from) a Company ATM.
Vault cash means United States currency and coin owned and held by a depository institution that may, at any time, be used to satisfy depositors’ claims.(2) Vault cash includes United States currency and coin in transit to a Fed- eral Reserve Bank or a correspondent depository institution for which the re- porting depository institution has not yet received credit, and United States currency and coin in transit from a Federal Reserve Bank or a cor- respondent depository institution when the reporting depository institution’s account at the Federal Reserve or cor- respondent bank has been charged for such shipment.(3) Silver and gold coin and other currency and coin whose numismatic or bullion value is substantially in ex- cess of face value is not vault cash for purposes of this part.
Examples of Vault cash in a sentence
Figure 21: Vault cash and coins in ₹bndemonetization2803,2002602,8002402,4002202,0002001,6001801,200160800140400120012 13 14 15 16 17 18 19 20 21coins (left scale)vault cash (right scale)Source: Reserve Bank of India.
Cash reserves: Vault cash and cash deposits held at the Federal Reserve.
The following assets shall be eligible for meeting EMRC’s liquidity requirements: • Vault cash or balances held at the Central Bank of Egypt.
Vault cash is a non-income-earning asset that is a component of required reserves and can be easily shifted to Fed balances.
Cash and Federal Government securities, including: Vault cash and balances at the Central Bank of Nigeria.
More Definitions of Vault cash
Vault cash means the cash owned by the Parent or any of its Affiliates which is physically held in ATMs owned or managed by the Business as of the Closing Date.
Vault cash means the cash that is: (i) maintained in a VGT, a Redemption Machine or any cash cartridges associated therewith; (ii) in any locked cash cartridges while in transit between Accel Inc.’s and/or any other Loan Party’s operating locations and VGT Locations; or (iii) in Accel Inc.’s and/or any other Loan Party’s cash vaults located at their respective operating locations.
Vault cash means any money, currency or funds located in an ATM for cash withdrawal by a holder of a credit card, debit card, loyalty card or similar card that permits access to services at an ATM.
Vault cash means cash used for purposes of providing Services.
Vault cash. Until the Needs Redelivery Termination Date, Cash may be considered by Wxxxx Fargo to be “vault cash” as defined in section 204.2(k) of Regulation D until such time as it is dispensed from the Covered Machines.
Vault cash means any money, currency or funds (i) located in a Terminal, or (ii) in transit to or from a Terminal, and shall include (A) any currency withdrawals from any bank account for the purpose of depositing the same in a Terminal from the moment such currency is withdrawn by a cash provider or its authorized agents (including couriers) until it is deposited in such account, and (B) any currency removed or retrieved from a Terminal (other than by a Cardholder) by a cash provider or its authorized agents; provided, however, that Vault Cash shall not include any money, currency or funds withdrawn from a Terminal by a Cardholder making a Terminal Transaction.