Agent institution definition

Agent institution means an insured depository institution that places a covered deposit through a deposit placement network at other insured depository institutions in amounts that are less than or equal to the standard maximum deposit insurance amount, specifying the interest rate to be paid for such amounts, if the insured depository institution:
Agent institution means agents onboarded by BBPOU as customer service points for provision of BBPS Services. BFL is facilitating the Bill Payment Services in the capacity of an Agent Institution after being duly onboarded by PayU (BBPOU).
Agent institution means an agent onboarded by BBPOU (defined below) as a customer service point for provision of Bill Payment Services (defined below). Groww is facilitating the Bill Payment Services in the capacity of an Agent Institution after being duly onboarded by PayU, being the authorised BBPOU.

Examples of Agent institution in a sentence

  • Primary Servicer 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository Paying Agent institution as set forth in the transaction agreements.


More Definitions of Agent institution

Agent institution means agents onboarded by BBPOU as customer service points for provision of BBPS
Agent institution means agents onboarded by BBPOU as customer service points for provision of BBPS Services. The Bank is facilitating the Bill Payment Services in the capacity of an Agent Institution after being duly onboarded by BillDesk (BBPOU).
Agent institution means an insured depository