Vault cash definition

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

• Currency circulation in the hands of the non-bank public, i.e. money balances is shown at monthly (GR1M1_M; on the last day of the month) and annual (GR1M1_A; on the last day of the year) intervals from May 1928 to December 1939 and is not seasonally adjusted.52 Vault cash (GR1M2_A; GR1M2_M) and reserves kept with the BoG (GR1M3_A; GR1M3_M) refer to all commercial banks;53 foreign-owned banks that operated in Greece are also taken into account.

• The reserves consist of a minimum 1% in non- remunerated current account deposits at the BOT, a maximum 2.5% in Vault cash with the cash at the central cash centers of commercial banks.

• Cash reserves: Vault cash and cash deposits held at the Federal Reserve.

• Vault cash aside, every dollar on deposit at a U.S. bank is a “digital dollar.” CBDC DesignIn all designs, the central bank is the only party issuing CBDC, but the form that the CBDC takes and how the consumer or business accesses and transfers it could vary.

• By converting the vault cash rental obligation interest rate from a floating-rate to a fixed-rate, the impact of favorable and unfavorable changes in future interest rates on the monthly vault cash rental payments, and therefore, the Vault cash rental expense line item in the accompanying Consolidated Statement of Operations, has been reduced.

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 Borrower’s operating locations and VGT Locations; or (iii) in Borrower’s cash vaults located at Borrower’s operating locations.

Vault cash means the cash requirements to operate each El Banco Branch Office.

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 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 a Company for the

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.