Bank institution definition

Bank institution means a public or a private institution authorised to carry out bank activities as an entrepreneur.

Examples of Bank institution in a sentence

  • The Bank is not obliged to disclose the name of the Bank, institution or body wherefrom it received such information about you.

  • The Bank is not obliged to disclose the nameof the Bank, institution or body wherefrom it received such information about you.

  • If there is any mortgage created in favour of the Bank by the Borrower, the Bank shall have the right to transfer or assign such mortgage in favour of any Bank, institution / securitization company or body in connection with any sale or transfer of the Facility by Bank to them.

  • Direct Debit (ACH) - Bank institution automatically deducts the monthly usage fees out of the Subscriber’s checking account.