Agency Bank definition

Agency Bank means us as we are not a main clearing bank and do not currently process payments ourselves. We use another bank to process the clearing of payments.
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Agency Bank means a UK payments scheme member with direct access to the UK payment systems and who acts as a sponsor bank to non-members facilitating indirect access to the UK payment systems;
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Agency Bank means any commercial bank selected by the Borrower in accordance with, and for the purposes referred to in, Section 3.02 (a) (i) of this Agreement;
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Examples of Agency Bank in a sentence

  • The condition precedent to the Lending Banks' assumption of the obligation to disburse the Loan under the Loan Agreement is, including but not limited to, the receipt by the Agency Bank of the unconditional and irrevocable Guarantee in favor of the Lending Banks issued by the Guarantor, guaranteeing that the Borrower will pay all the payable sums from time to time to the Lending Banks through the Agency Bank on a timely basis in accordance with the Loan Agreement.

  • This request should be made using the Request for Agency Bank Account Form and must be signed by the account custodian and Agency Head.

  • The difference under Deposits with Reserve Bank is due to misreporting of transactions by Agency Bank to RBI and Treasury officers in the accounts.

  • Indirect Branch of a Member or Agency Bank that Accepts CHAPS £ Payments Does not accept CHAPS £ Payments [6] Possible values for the CHAPS Euro Status and Description fields are as follows: D.

  • The difference under Deposits with Reserve Bank is due to misreporting of transactions by Agency Bank to RBI and Treasury Officers in the accounts.

  • Today ongoing effort to achieved uniformity in Islamic Shari’ah’s interpretation by Islamic banks around the world has resulted inthe establishment of a Bahrain-based organization known as the International Islamic Financial Market (IIFM) by Islamic Development Bank Saudi Arabia, Bahrain Monetary Agency, Bank Indonesia-Indonesia, Bank of Sudan-Sudan, Bank Negara Malaysia of Malaysia, Brunei Darussalam’s Ministry of Finance.

  • Upon this event, all compensation and employment obligations of the Agency, Bank and Corporation under this Agreement shall cease (except Executive’s rights under the Corporation’s then existing short term and/or long term disability plans, if any), and this Agreement shall terminate.

  • They are business facilitators, farmers club, farmers associations, Panchayati Raj institutions, Krishi Vikas Kendra, State Agricultural University, Agricultural Technology Management Agency, Bank branches, PACS, other co-operatives, government departments, producer associations, artisan guilds, department of SMEs, small scale industry, agro-industries, individuals, input dealers and document writers (in cooperative banks), MFIs, MFOs, etc.

  • The Bank will endeavour to ensure payments are processed without delay but cannot be held liable for any delay in processing a payment for any reason including but not limited to delays that may be the result of incorrect/ incomplete information provided to facilitate the payment, where the receiving bank does not support a payment solution, where system downtime occurs or as a result of actions taken by a Correspondent Bank or our Agency Bank.

  • Indirect Branch of a Member or Agency Bank that Accepts CHAPS € PaymentsDoes not accept CHAPS € Payments[7] Possible values for the C&CCC Status and Description fields are as follows:M.


More Definitions of Agency Bank

Agency Bank means Construction Bank of China, Shenzhen Branch;
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Agency Bank means any bank, acceptable to the Bank, that enters into an Agency Bank Agreement (as hereinafter defined);
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Agency Bank means any bank which serves as the agency bank to perform the functions of the Government Treasury of the sub-division within which the office of the registering officer is located;
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Agency Bank is the Depository Financial Institution where the Agency Bank Account is maintained and receives deposits from Agency’s Customers or credits from the Federal Reserve Bank on behalf of the Agency.
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Related to Agency Bank

  • private institution (“sefydliad preifat”) means an institution which is not publicly funded;

  • Local Currency Bank means each Bank listed on the signature pages of this Addendum or which becomes a party hereto pursuant to an Assignment and Acceptance or an Assumption and Acceptance.

  • Agency head or "Procurement Officer" means the person who signs this contract on behalf of the Requesting Agency and includes a successor or authorized representative.

  • State institution means a mental health institute, as defined in s. 51.01 (12), a center for the developmentally disabled, as defined in s. 51.01 (3), or a secure mental health facility at which persons are committed under s. 980.06.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Home Institution means the institution where the student is currently enrolled as a degree seeking student and may be eligible for financial aid at the same institution.

  • the institution means the institution which the Corporation is established to conduct and any institution for the time being conducted by the Corporation in exercise of its powers under the Further and Higher Education Act 1992;

  • Health care institution means any facility as defined in

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Agency Worker means the individual who is Introduced by the Employment Business to provide services to the Hirer;

  • Host Institution means the body or institution or administering organisation named in the Letter of Award as the “Host Institution” as the body responsible for undertaking and managing the Research;

  • FSB means American Express Bank, FSB, a federal savings bank, and its successors and assigns.

  • State Purchasing Agent means the director of the purchasing division of the general services department.

  • Eligible Institution Any of the following:

  • Principal Corporate Trust Office means the office of the Trustee, at which at any particular time its corporate trust business shall be principally administered, which office at the date of execution of this instrument is at the address set forth in the first paragraph of this instrument.

  • Japan Local Currency Bank means each Bank listed on the signature pages of this Addendum or which becomes a party hereto pursuant to an Assignment and Acceptance or an Assumption and Acceptance.

  • Custodial Institution means any Entity that holds, as a substantial portion of its business, financial assets for the account of others. An entity holds financial assets for the account of others as a substantial portion of its business if the entity’s gross income attributable to the holding of financial assets and related financial services equals or exceeds 20 percent of the entity’s gross income during the shorter of: (i) the three-year period that ends on December 31 (or the final day of a non-calendar year accounting period) prior to the year in which the determination is being made; or (ii) the period during which the entity has been in existence.

  • Deputy compact administrator means: the individual, if any, in each compacting state appointed to act on behalf of a Compact Administrator pursuant to the terms of this compact responsible for the administration and management of the state's supervision and transfer of juveniles subject to the terms of this compact, the rules adopted by the Interstate Commission and policies adopted by the State Council under this compact.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Member Institution means a university that is a member of CUSC/CCREU.

  • Qualifying Institution means a United States commercial bank or trust company organized under the laws of the United States of America or a political subdivision thereof having assets of at least Ten Billion Dollars ($10,000,000,000) (net of reserves) and who satisfies the Credit Requirements.

  • Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

  • Agency(ies) means any government regulatory authority or authorities in the world responsible for granting approval(s), clearance(s), qualification(s), license(s), or permit(s) for any aspect of the research, Development, manufacture, marketing, distribution, or sale of a Product. The term “Agency” includes, without limitation, the United States Food and Drug Administration (“FDA”).

  • payment institution means a legal person that has been granted authorisation in accordance with Article 10 to provide and execute payment services throughout the Union;

  • Agency means the Illinois Environmental Protection Agency.

  • Eligible lending institution means a financial