Foreign branch definition

Foreign branch means a foreign branch of an insured state nonmember bank as defined by § 347.102 of this chapter.
Foreign branch means an office of a national bank (other than a rep- resentative office) that is located out- side the United States at which bank- ing or financing business is conducted.
Foreign branch means any branch of a U.S. bank if:

Examples of Foreign branch in a sentence

  • Foreign branch separate units held by dual resident corporations or hybrid enti- ties in the same foreign country.

  • Foreign branch income is defined for this purpose as “the business profits of [the U.S. taxpayer] which are attributable to 1 or more qualified business units (as defined in section 989(a)) in 1 or more foreign countries.

  • Foreign branch income is defined for this purpose as “the business profits of [the U.S. taxpayer] which are attributable to 1 or more qualified business units (as defined in section 989(a)) in 1 or more foreign countries.” Sec.

  • Foreign branch offices of a Participant are not separate from the Participant and as such are subject to Requirements.

  • Foreign branch deposits have doubled since 2001 to total approximately $1 trillion today.


More Definitions of Foreign branch

Foreign branch means an office or place of business located outside the United States, its territories, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, or the Virgin Islands, at which banking operations are conducted, but does not include a representative office.
Foreign branch means “any branch of
Foreign branch has the meaning set forth in Section 1.2(b) of the Agreement.
Foreign branch means an institutional unit which is a legally dependent part of a legal entity resident in a different country to that where the legal entity is incorporated in accordance with the concept of a 'single branch' referred to in Article 2(3) of Regulation (EC) No 2533/98;
Foreign branch means an office or place of business located outside theUnited States, its territories, PuertoRico, Guam, American Samoa, the Trust Territory of the Pacific Islands, or the Virgin Islands, at which bankingoperations are conducted, but does not include a representative office.
Foreign branch means a foreign branch of an insured state nonmember bank as defined by § 347.102.(h ) Foreign organization means aforeign organization as defined by§ 347.102.
Foreign branch means any branchof a U.S. bank if: