Deposit Confirmation definition

Deposit Confirmation means each separate confirmation issued by the Bank to the Customer in respect of a Deposit which sets out the final terms applicable to that Deposit and the Customer shall be bound by such final terms;
Deposit Confirmation means the communication from us to you to confirm that we have received your Deposit;
Deposit Confirmation or “Deposit Advice” shall mean the communication provided to the Depositor stating inter alia the value of the Deposit on Maturity Date, the value of the Deposit as on date of the communication and the rate of interest payable by the Bank on the UTD. Deposit confirmation will be sent only after the successful set up of the Upfront Term Deposit Account.

Examples of Deposit Confirmation in a sentence

  • Interest will be calculated based on the rate specified in the Deposit Confirmation using the applicable Day Count Convention.

  • The conditions for the execution of term deposits are stipulated in detail in these General Terms and Conditions, as well as in Term Deposit Confirmation which serves as proof that the said deposit has been made.

  • You agree to be bound by the terms and conditions in the Agreement, all of the Personal Banking Services Agreements as they apply to you, the Rates and Fees Schedule, the Certificate of Deposit Confirmation and your Application for Deposit Services.

  • The Term Deposit Confirmation further stipulates the specific conditions pertaining to the deposit.

  • An image is considered received when we transmit to you a Deposit Confirmation.

  • Public Depositor Deposit Confirmation (E-mail sent once Fiscal Agent acknowledges receipt of in-bound wire from Public Depositor) The Fiscal Agent has received your deposit of [deposit_amount] and will credit your account on [date] for interest calculations.

  • Once the account is coded for payroll direct deposit, the Program will send the Payroll Direct Deposit Confirmation Form back to the Employee so they can submit to their Employer for processing.

  • If no objection is raised within such time, you shall be deemed to have agreed to the terms of the Deposit Confirmation and the Deposit Confirmation will be conclusive and binding as against you.

  • Customers are not allowed to use the Term Deposit Confirmation as pledge or guarantee for loans at any and other banks, except it is approved by the Bank.

  • Upon the occurrence of an event having, in the sole and absolute determination of the Calculation Agent, a diluting or concentrative effect on the theoretical value of the Reference Financial Instrument(s) of a Structured Deposit, the Calculation Agent shall make the corresponding adjustment(s), if any, to the strike price(s) and/or the number of such Reference Financial Instrument(s) as specified in the Deposit Confirmation and/or the Term Sheet.


More Definitions of Deposit Confirmation

Deposit Confirmation means the electronic receipt of a cheque image received through the Deposit Anywhere™ service.
Deposit Confirmation means a confirmation, certificate or other written document issued by the Bank to the Customer to evidence a call or time deposit (as applicable) and its essential terms;
Deposit Confirmation means a document issued by the Bank confirming placement of the Principal Amount as a Structured Deposit and certain terms in respect of the Structured Deposit as set out therein;
Deposit Confirmation means our
Deposit Confirmation means a deposit confirmation, stating details of the amount, Term and applicable interest rate of the Super RMB Deposit, issued by us on the day the Super RMB Deposit is made.

Related to Deposit Confirmation

  • Tax Confirmation means a confirmation by a Lender that the person beneficially entitled to interest payable to that Lender in respect of an advance under a Finance Document is either: