Examples of BTMU in a sentence
These violations substantially undermined public confidence in BTMU and in foreign bank licensees, generally.
BTMU knowingly or recklessly incurred so substantial a loss as a result of these violations as to threaten the safety and soundness of BTMU.
With respect to its Commitment and the Loans made by it, BTMU and each Bank which is also an Agent, in its capacity as a Bank hereunder shall have the same rights and powers hereunder as any other Bank and may exercise the same as though it were not acting as an Agent, and the term “Bank” or “Banks” shall, unless the context otherwise indicates, include such Agent in its individual capacity.
Apart from the automatic fail notifications (MT548) of our custody system, if BTMU receives notification of a possible buy-in, BTMU immediately informs its clients involved of the details, given by the counterparty, and will assist in any possible manner so as to avoid financial losses as a result of the buy-ins.
In this case, BTMU changes the status of the odd lots to ‘BLOCKED’ (BLCA) in the client’s account.