Rules Governing Eurodollar Account Sample Clauses

Rules Governing Eurodollar Account. The Eurodollar Account will consist of United States dollar-denominated overnight time deposits held at our Cayman Islands Branch (a “Eurodollar Deposit”). The Eurodollar Deposit is issued by the Cayman Island Branch and payable only at the Cayman Islands Branch, IS NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION, and is subject to cross-border risks. The Eurodollar Deposit is nontransferable and nonnegotiable. By requesting a Eurodollar Account, you consent to the disclosure by our Cayman Islands Branch, upon the request of any Cayman Islands, French or United States banking or other governmental authorities of all documents and information concerning your customer relationship and accounts at the Cayman Islands Branch.
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