Examples of International banking facility in a sentence
That is maintained under an agreement or arrangement under which no deposit or withdrawal of less than$100,000 is permitted, except that a withdrawal of less than $100,000 is per- mitted if such withdrawal closes an ac- count.(3) International banking facility exten- sion of credit or IBF loan means any transaction where an IBF supplies funds by making a loan, or placing funds in a deposit account.
Any other particular asset or class of assets as provided by the OCC, based on a case-by-case assessment of the risks associated with the asset.(e) International banking facility.
International banking facility (IBF) electionSee Schedule G instructions for information on the IBF modification method and the IBF formula allocation method.AllocationSee Schedule H instructions for information on allocation.
International banking facility transactions as defined in subsections (1), (2) and (3) of this rule.
International banking facility deposits, as defined by Rule 69U-17.002, F.A.C.