Foreign Exchange Accounts definition

Foreign Exchange Accounts means any bank accounts held in currencies other than sterling used for the purposes of the Currency Hedging Agreements or otherwise;
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Foreign Exchange Accounts means the list of foreign exchange accounts in the Bank Account Details Letter together with any bank accounts held in currencies other than sterling used for the purposes of the hedging contracts or otherwise;
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Examples of Foreign Exchange Accounts in a sentence

  • Iranian Foreign Exchange Accounts “Restricted”Section 504 of the ITRSHRA, which went into effect in February 2013, amends the FY2012 NDAA so as to impede the ability of Iran’s Central Bank to repatriate or easily utilize the hardcurrency it receives for its exports abroad, particularly oil.

  • These regulations may be cited as Foreign Exchange (Opening and Maintenance of Foreign Exchange Accounts) Regulations No. 3 of 2017 and shall come into operation on the date on which the Act comes into operation.

  • The Bank is maintaining Foreign Exchange Accounts in New York, Tokyo, Calcutta, London, Germany etc..

  • After the financial leasing project company makes advance payment, the foreign exchange payment bank shall handle the corresponding ledger registration, track the project's entry or sublease abroad, and promptly report to Exchange Office.Annex 2 Operating Rules for Foreign Exchange Settlement Business of Domestic Foreign Exchange Accounts I.

  • IT export houses/ companies shall be allowed to open Foreign Exchange Accounts in Pakistan on the condition that deposit in these accounts shall only be allowed through remittances from abroad in respect of their export earnings.

  • As of the day of entry into force hereof, the Decision on the Conditions of Opening and Manner of Maintaining Foreign Exchange Accounts of Residents (RS Official Gazette, No 67/2006) and Decision on the Conditions of Opening and Manner of Maintaining Non- resident Accounts (RS Official Gazette, Nos 16/2007, 12/2008 and 61/2008) shall cease to be valid.

  • Circular of the General Affairs Department of the State Administration of Foreign Exchange on Relevant Work Concerning Interface Program Self-check, Joint Debugging and Submission of External Financial Assets, Liabilities and Transaction Data, Institutions' Foreign Currency Banknote Deposit and Withdrawal Data, and Data on Foreign Exchange Accounts and Foreign Exchange Settlement and Sales in the Accounts (Huizongfa No. 34 [2017]) 220.

  • Apart from the fact that some people in Ghana would usually not want to pay any additional tax, the issue is worsened by the lack of clarity in the mind of the ordinary Ghanaian about what is to be taxed and what will not be taxed.Another challenge facing the banking sector in Ghana are the existing rules on the operations of Foreign Exchange Accounts (FEA) and Foreign Currency Accounts (FCA), Foreign Currency Denominated Loans and introduced a Margin Account for Imports Bills.

  • Opening of Local and Foreign Exchange Accounts: LBCs comply with this directive.

  • The regulations issued thereunder, the Foreign Exchange (Capital Transactions in Foreign Exchange Carried on by Authorised Dealers) Regulations No. 1 of 2017, the Foreign Exchange (Opening and Maintenance of Accounts for the purpose of engaging in Capital Transactions) Regulations No. 2 of 2017 (“Foreign Exchange Regulations”) and the Foreign Exchange (Opening and Maintenance of Foreign Exchange Accounts) Regulations No. 3 of 2017 came into operation on the same day.

Related to Foreign Exchange Accounts

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Collection Accounts As defined in Section 3.10(a).

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Commodities Accounts (i) shall mean all “commodity accounts” as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4 under the heading “Commodities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Merchant Account means an account used to submit credit card or debit card transactions or process credit card or debit card transactions.

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Investment Account As defined in Section 3.12(a).

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Intercompany Accounts has the meaning set forth in Section 2.03(a).

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.