Appropriate Reserve Bank definition

Appropriate Reserve Bank means the Reserve Bank identified by the Participant’s Administrative Reserve Bank as the Reserve Bank with which the Participant should communicate on particular matters.
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Examples of Appropriate Reserve Bank in a sentence

  • The names of the employees of the sender or receiving bank who are authorized to issue or authenticate an Off-Line payment order must be provided to the Appropriate Reserve Bank (as defined in Operating Circular 6) by the sender or receiving bank desiring to set up an Off-Line Security Procedure.

  • REPORTING OF ERRORS AND OTHER EXCEPTIONS‌ 6.6.1 A Participant is precluded from asserting that a Message was ineffective or unauthorized if it does not make such an assertion by written notice to the Appropriate Reserve Bank within 10 calendar days of the date of the Message.

  • Section 3A of the agreement must be ink signed by an individual listed on your financial institution’s Official Authorization List (OAL) and section 3B of the agreement must be ink signed by an individual listed on your Service Provider’s OAL, unless the Appropriate Reserve Bank agrees to accept electronic signatures.

  • The agreement must be ink signed by an individual listed on your financial institution’s Official Authorization List (OAL), unless the Appropriate Reserve Bank agrees to accept an electronic signature.

  • It may be ink signed, or electronically signed in accordance with the electronic signature requirements of the Appropriate Reserve Bank.

  • The Primary Service Provider must provide reasonable prior notice to the FedNow Participant and Appropriate Reserve Bank Staff before using the Electronic Connection of a different Secondary Service Provider.

  • The agreement may be ink signed, or electronically signed in accordance with the electronic signature requirements of the Appropriate Reserve Bank.

  • Subsequent Appeals sent to the Secretary of the Reserve Bank will be forwarded to the Appropriate Reserve Bank Official, who shall forward a copy of the Subsequent Appeal to the President of the Reserve Bank and to the appropriate division director of the staff of the Board of Governors within two (2) business days after receipt of the Subsequent Appeal.

  • An appeal must be filed in writing with the Appropriate Reserve Bank Official within 30 calendar days of the Appellant's receipt of the written material supervisory determination or within the amount of time granted in a request for an extension of time to appeal.

  • Official and appointed by the Appropriate Reserve Bank Designee to hear the Appeal of a material supervisory determination.

Related to Appropriate Reserve Bank

  • Reserve Bank means the Reserve Bank of India constituted by Section 3 of the Reserve Bank of India Act, 1934 (2 of 1934).

  • Federal Reserve Bank of New York’s Website means the website of the Federal Reserve Bank of New York at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source.

  • Federal Reserve Bank of New York s Website” means the website of the Federal Reserve Bank of New York at http://www.newyorkfed.org, or any successor source.

  • Federal Reserve Board means the Board of Governors of the Federal Reserve System.

  • Available Reserve Account Amount means, with respect to any Transfer Date, the lesser of (a) the amount on deposit in the Reserve Account on such date (after taking into account any interest and earnings retained in the Reserve Account pursuant to subsection 4.15(b) on such date, but before giving effect to any deposit made or to be made pursuant to subsection 4.11(i) to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Federal Funds Rate means, for any day, the rate per annum equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to Bank of America on such day on such transactions as determined by the Administrative Agent.

  • Federal Reserve means the Board of Governors of the Federal Reserve System.