Consumer Deposits definition

Consumer Deposits means funds deposited with the Issuer or any of its Subsidiaries by its customers and held in accounts which are covered by any relevant local law or regulation implementing the deposit insurance scheme as set out in directive 94/19/EC of the European Parliament and of the Council of 30 May 1994 on deposit-guarantee schemes (as amended by directive 2009/14/EC of the European Parliament and of the Council of 11 March 2009) or directive 2014/49/EU of the European Parliament and the Council of 16 April 2014 on deposit-guarantee schemes as amended or restated from time to time.
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Consumer Deposits means funds deposited with the Issuer or any of its Subsidiaries by its customers and held in accounts which are covered by any relevant local law or regulation implementing the deposit insurance scheme as set out in directive 94/19/EC of the European Parliament and of the Council of 30 May 1994 on deposit-guarantee schemes (as amended by directive 2009/14/EC of the European Parliament and of the Council of 11 March 2009) or directive 2014/49/EU of the European Parliament and of the Council of 16 April 2014 on deposit-guarantee schemes as amended or restated from time to time.
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Examples of Consumer Deposits in a sentence

  • The following provisions apply to credit Entries containing SEC Code PPD (Prearranged Consumer Deposits).

Related to Consumer Deposits

  • Consumer account means an account established primarily for personal, family, or household use.

  • Consumer loan means a loan made by a financial institution in which:

  • Consumer Loans means Loans to individuals for household, family and other personal expenditures (including United States and/or State-guaranteed student loans and extensions of credit pursuant to a credit card plan or debit card plan).

  • Consumer debtor means a debtor in a consumer transaction.

  • Consumer Protection Act means the Consumer Protection Act, No 68 of 2008;