Conventional Bank definition

Conventional Bank means bank operating in accordance with traditional banking practice.
Sample 1

Examples of Conventional Bank in a sentence

  • The balance in the credit of savings in Islamic Banks account /Islamic Banking window of Conventional Bank account, or similar account with a bank standing on the first day of Ramzan-ul- Mubarak will be subjected to Zakat deduction @ 2.5%.

  • MODULELR: Licensing RequirementsCHAPTERLR-1: Requirement to Hold a License LR-1.1 Conventional Bank Licensees (continued)Licensing LR-1.1.5Persons wishing to be licensed to undertake regulated banking services within or from the Kingdom of Bahrain must apply in writing to the CBB.

  • LR-1.1.11Conventional bank licensees must not carry on any commercial business in the Kingdom of Bahrain or elsewhere other than banking business and activities directly arising from or incidental to that business.MODULELR: Licensing RequirementsCHAPTERLR-1: Requirement to Hold a License LR-1.1 Conventional Bank Licensees (continued)LR-1.1.12 Rule LR-1.1.11 is intended to restrict bank licensees from undertaking any material non-financial business activities.

  • How to Request Token SMSo Visit Danamon Conventional Bank branches.o Select the Internet Banking menu then Activate the SMS Token on EDC PINPad.o Swipe the ATM / Debit Card on the EDC PINPad machine and enter the PIN and Mobile phone number(make sure your PIN is unknown to others).

  • MODULELR: Licensing RequirementsCHAPTERLR-1: Requirement to Hold a License LR-1.1 Conventional Bank Licensees (continued)LR-1.1.8 Detailed rules and guidance regarding information requirements and processes for license applications can be found in Section LR-3.1. As specified in Paragraph LR- 3.1.14, the CBB will provide a formal decision on a license application within 60 calendar days of all required documentation having been submitted in a form acceptable to the CBB.

  • LDR on Conventional Bank has two effects; first, it has a chance on increasing banking stability in a long term (especially during crisis period), and second, it can also be a burden (NPF) when it is not well-handled (Padmantyo & Muqorrobin, 2011).

  • The goal of creating the justice by Islamic Bank and Conventional Bank are better if R5 is getting lower.

  • The Parties agree that in relation to Conventional Bank Program Loans, Credit Enhancements shall be transferred in accordance with the requirements specified in the FHLB Guide.

  • At the Effective Time, for any Closing Date Unpaid Transaction Expenses, Purchaser shall pay, by wire transfer to the bank accounts specified in the invoices obtained by the Company in accordance with Section 5.11, immediately available funds in the amounts specified in such invoices.

  • On the other hand, the secondary data collected from related institution with this research covering two units of fisherman cooperative (Nusa Barong and Sumber Jaya), Village Government, Conventional Bank, Livestock Service Office, Fishery and Marine Department of District of Jember, FAL Puger Office, Marketing Executive Group (Poklaksar), and Institute of Fish Traders' Association).C.

Related to Conventional Bank

  • National bank means a national banking association

  • Additional Bank has the meaning set forth in Section 2.17(b).

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Conventional Mortgage means a mortgage for which the principal amount, at the time of commitment, together with all other equal and prior ranking mortgages: (a) in the case of a property purchase, does not exceed the lower of 75% of the purchase price of the underlying real property securing the mortgage and 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser; and (b) in the case of a refinancing, does not exceed 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser at the time of such refinancing.

  • Conventional Loan A Mortgage Loan that is not insured by the United States Federal Housing Administration or guaranteed by the United States Department of Veterans Affairs.

  • Conventional service and filing means service and filing of documents pursuant to the CCP and CRC absent these E-Filing Rules, i.e. using paper format.

  • Conventional filtration treatment means a series of processes including coagulation, flocculation, sedimentation, and filtration resulting in substantial particulate removal.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Conventional Mortgage Loan Any Mortgage Loan that is not an FHA Loan.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • the International Bureau means the International Bureau of the World Intellectual Property Organization.

  • international air transport means air transport that passes through the airspace over the territory of more than one State;

  • International Borrower In connection with any Mortgage Loan, a borrower who is (a) a United States citizen employed in a foreign country, (b) a non-permanent resident alien employed in the United States or (c) a citizen of a country other than the United States with income derived from sources outside the United States.

  • International Bureau means the International Bureau of the World Intellectual Property Organization;

  • Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

  • Reporting Financial Institution means a Reporting Finnish Financial Institution or a Reporting U.S. Financial Institution, as the context requires.

  • Warsaw Convention means the Convention for the Unification of Certain Rules Relating to International Carriage by Air, signed at Warsaw, October 12, 1929, as amended, but not including the Montreal Convention as defined above.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • international voyage means a voyage from a country to which the present Convention applies to a port outside such country, or conversely.

  • Academies Financial Handbook means the document with that title published by the EFA and amended from time to time, on behalf of the Secretary of State.

  • International air transportation means transportation by air between a place in the United States and a place outside the United States or between two places both of which are outside the United States.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Non-Reporting Financial Institution means any Financial Institution that is:

  • international application means an application filed under this Treaty;

  • the London Emergencies Trust means the company of that name (number 09928465) incorporated on 23rd December 2015 and the registered charity of that name (number 1172307) established on 28th March 2017;