Foreign Currency Account definition

Foreign Currency Account means any current account, Fixed Deposit account or autosave account which are denominated in foreign currencies and any other type of accounts which the Bank may specify from time to time.

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Foreign Currency Account means an account held or maintained in currency other than the currency of India or Nepal or Bhutan;

Foreign Currency Account means an Account denominated in a Foreign Currency.

Examples of Foreign Currency Account in a sentence

The Borrower represents and warrants that he maintains a Foreign Currency Account at the Branch of the Bank, Account No.
However, if the Customer gives an interaccount transfer or EFT / remittance instruction from his TL account to his Foreign Currency Account, the subject money will be converted over the relevant foreign exchange selling rate of the Bank current as of the date of transaction.
This would be in the event when the card has been issued to any other account holder other than a Personal Foreign Currency Account (PFCA) or a Business Foreign Currency Account (BFCA) and on the basis that the outstanding amounts are settled from inward remittances or transfers foreign currency accounts.
Wires Sent to a Foreign Currency Account When you send a wire denominated in United States dollars to an account denominated in a foreign currency, an intermediary bank or the receiving bank may convert your wire into the applicable foreign currency and we may receive compensation in connection with any such conversion.
Except as set forth in the last sentence of Section 1(a) above, in the event of any conflict between this Agreement and the Plan, the Plan shall control.

More Definitions of Foreign Currency Account

Foreign Currency Account means the account referred to in Part C.1 of Section II of Schedule 1 to this Agreement.

Foreign Currency Account means a bank account denominated in convertible currencies and permitted foreign currencies;

Foreign Currency Account means an account maintained in foreign currency by a person with a bank in Uganda licensed under the Financial Institutions Act, 2004;

Foreign Currency Account means a foreign currency account opened, maintained and operated in the name of the Customer, jointly or severally by the Authorized Signatories of the Customer for the purposes of present and/or future utilization of Banking Services.

Foreign Currency Account means a savings account denominated in a currency other than Canadian dollars.

Foreign Currency Account means any account other than one denominated in sterling, . . . (b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Foreign Currency Account means a Facility A Loan made by way of foreign currency (CFC) account.