Currency Deposits definition

Currency Deposits means any or all of the Foreign Currency deposits placed by you with us including but not limited to Fixed Term Deposits, Call Accounts, Currency Current Accounts and Callable Fixture Deposit Accounts; “Cut-off time” means the latest time on a Business Day by which we will accept Instructions from you in respect of any of the Products, as may be notified to you from time to time; “Deposits” means any or all of the Currency Deposits; “EEA” means the European Economic Area, currently consisting of the EU member states, Iceland, Liechtenstein and Norway (except for Svalbard);
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Examples of Currency Deposits in a sentence

  • Interest Rates on Foreign Currency Deposits will be provided based on International Market other than USD Saving Deposit.

  • In addition, all FR 2900 reporting institutions that offer foreign (non-U.S.) currency-denominated deposits at their U.S. offices must file the Report of Foreign (Non- U.S.) Currency Deposits (FR 2915), which breaks out the amounts of such deposits, con- verted to U.S. dollars that are included in selected FR 2900 line items.

  • If funds are transferred to your Foreign Currency Deposits account by a customer or a third party through the head office or any branch office of the Bank or other financial institution, the Bank shall not agree to any withdrawal or payment until the Bank has recorded such transfer in the ledger.

  • If there accrues any fee, advance expense or other similar claim payable to the Bank in connection with the Foreign Currency Deposits, the Bank may debit the amount of such fee and the like, from the Foreign Currency Deposits account.

  • Related Laws and Ordinances Foreign Currency Deposits Transactions between you and the Bank shall be governed by the "Foreign Exchange and Foreign Trade Law" and the cabinet and ministerial ordinances thereunder, and other foreign exchange-related laws and regulations, as well as by this Agreement.

  • Any matters not expressly set forth in this Agreement shall be handled as set forth in the “Common Customer Agreement on PowerFlex Transaction”, “Customer Agreement on Yen Deposits for PowerFlex Account” and “Customer Agreement on Foreign Currency Deposits for PowerFlex Account” Changes in notified matters will be handled as set forth in the “Common Customer Agreement on PowerFlex Transaction”.

  • Only foreign currencies acceptable to the Bank shall be used for the Foreign Currency Deposits Transactions.

  • In such an event, if the currency representing the amount payable to the Bank is different from the currency representing the amount to be debited from the Foreign Currency Deposits account, the Bank shall debit the amount calculated using the foreign exchange rate at the time of such debit.

  • No significant decision is expected for these areas at MC6.importing countries like Japan and Switzerland have put forward offers on tariff reduction that fall considerably short of the expectations of the US and other demandeurs.

  • In addition, all FR 2900 reporting institutions, both weekly and quarterly, that offer foreign (non-U.S.) currency- denominated deposits at their U.S. offices must file the Report of Foreign (Non- U.S.) Currency Deposits (FR 2915), which breaks out the amounts of such deposits, converted to U.S. dollars that are included in selected FR 2900 line items.

Related to Currency Deposits

  • Deposits means all deposits (as defined in 12 U.S.C. § 1813(l)) that are held by any Seller or any of its Affiliates in connection with the Business, in each case, in the name or for the benefit of any clients or customers under the Appointments solely in their capacity as clients or customers of the Business and including any such deposits received by any Seller from and after the date hereof through the close of business on the Closing Date.

  • Security Deposits shall have the meaning set forth in Section 5.1.17(e) hereof.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:

  • Overdraft Rate means the per annum rate of interest, regardless of compounding frequency, designated by the Financial Institution as its “Overdraft Rate” from time to time.

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Bid Deposit means a financial guarantee to ensure the successful bidder will enter into an agreement.

  • Canadian Dollar means the lawful currency of Canada.

  • Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which such payment or Loan is denominated or is payable.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Eligible Currency means any currency other than Dollars that is readily available, freely traded, in which deposits are customarily offered to banks in the London interbank market, convertible into Dollars in the international interbank market available to the Lenders in such market and as to which a Dollar Amount may be readily calculated. If, after the designation by the Lenders of any currency as an Agreed Currency, currency control or other exchange regulations are imposed in the country in which such currency is issued, or any other event occurs, in each case with the result that different types of such currency are introduced, such country’s currency is (i) in the determination of the Administrative Agent, no longer readily available or freely traded, or (ii) as to which, in the determination of the Administrative Agent, a Dollar Amount is not readily calculable a “Disqualifying Event”), then the Administrative Agent shall promptly notify the Lenders, the Domestic Borrowers and any applicable Foreign Borrower, and such country’s currency shall no longer be an Agreed Currency until such time as the Disqualifying Event(s) no longer exist, but in any event within five (5) Business Days of receipt of such notice from the Administrative Agent, the Domestic Borrowers or such applicable Foreign Borrower shall repay all Loans in such currency to which the Disqualifying Event applies or convert such Loans into the Dollar Amount of Loans in Dollars, subject to the other terms contained in Article II.

  • Currency Determination Agent means the New York clearing house bank, if any, from time to time selected by the Company for purposes of Section 2.12.

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • Time Deposits means time deposits, certificates of deposit or similar arrangements with any bank or trust company, including the Trustee or an affiliate thereof, which is a member of the Federal Deposit Insurance Corporation.

  • Available Currency means Dollars.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.

  • Canadian Dollars means the lawful currency of Canada.

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.

  • Interest Settlement Rate As defined in Section 4.08.

  • Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.

  • Interest Rate or Currency Protection Agreement of any Person means any forward contract, futures contract, swap, option or other financial agreement or arrangement (including, without limitation, caps, floors, collars and similar agreements) relating to, or the value of which is dependent upon, interest rates or currency exchange rates or indices.

  • Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.

  • London Interbank Offered Rate has the meaning set forth in Section 2.07(b).

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Special Deposits have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Index Currency means USD.