Linked Currency definition

Linked Currency means the currency into which the Investment Currency may be converted.
Linked Currency means the currency agreed between the Customer and the Bank to be the alternative currency linked to the Deposit which shall be an Eligible Currency other than the Deposit Currency;
Linked Currency means, in relation to each Deposit Plus deposit, such currency other than the Deposit Currency selected by the Customer and agreed by the Bank in the relevant Confirmation.

Examples of Linked Currency in a sentence

  • Linked Currency GL You can capture the GL used for posting the settlement entries in the linked currency.

  • The Bank may impose such additional conditions in relation to any Deposit as the Bank thinks fit in respect of the Deposit Currency and/or the Linked Currency, such additional terms to be contained in the relevant Confirmation.

  • Such breakage costs shall include the costs, expenses, liabilities or losses incurred or suffered by the Bank as a consequence of breaking its hedge, or funding from other sources in respect of the Deposit and/or in respect of the Linked Currency and therefore the total amount repaid on withdrawal may be less than the principal amount of the Deposit.

  • Linked Currency Settlement A/c Here you can specify the settlement account of the linked currency in case if the settlement has to happen in the linked currency at maturity.

  • We may set additional conditions relating to the Deposit Plus Deposit Currency or the Linked Currency (or both) in the relevant Confirmation as we consider appropriate.

  • If, during the Investment Period, the Linked Currency appreciates or remains constant against the Investment Currency (measured by comparing the Fixing Rate at the Fixing Time on Fixing Date and the Conversion Rate), the Customer will receive, for value on the Maturity Date, the Final Redemption Amount in the Investment Currency.

  • In such instances, identifying overlap corridors will be more challenging, as we must decide whether the airports associated with a given pair of routes are close enough to be sufficiently substitutable to warrant inclusion in the same overlap corridor.

  • The Customer may choose an Investment Currency and a Linked Currency and agree the Conversion Rate and the Tenor with the Bank.

  • The Bank may impose such additional conditions in relation to any Deposit as the Bank thinks fit in respect of the Deposit Currency and/or the Linked Currency, such additional terms to be contained in the relevant Confirmation.2.2 Each Deposit must be of not less than the minimum amount specified by the Bank from time to time.2.3 The terms of each Deposit will be subject to the terms of each separate Confirmation to be issued in respect of each Deposit.

  • Investing in a CLI is not the same as buying the Linked Currency directly.


More Definitions of Linked Currency

Linked Currency means in relation to each Investment in Dual Currency Plus, such currency other than the Base Currency selected by the Customer specified as such in the relevant Term Sheet;
Linked Currency means, in relation to each Dual Currency Investment, the Currency in which such Dual Currency Investment including any interest thereon may be repaid by the Bank at its option, as set out in the relevant Transaction Confirmation;
Linked Currency means the foreign currency instructed by the Customer other than the Base Currency. On the Maturity Date, in accordance with the terms and conditions concerning DCI and Indicative Term Sheet and Confirmation Advice, the Bank may pay the Principal Amount and DCI All-In Interest in such instructed currency to the Customer.
Linked Currency means the currency into which the Premium Deposit Currency of the Premium Deposit may be converted;

Related to Linked Currency

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland and Euros.

  • Fiat Currency means a currency issued by a country's government or central bank.

  • First Currency has the meaning specified in Section 1.15.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 04 March 2022.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Agreed Currencies means (i) Dollars, (ii) euro, (iii) Pounds Sterling and (iv) any other currency that is (x) a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars, (y) available in the London interbank deposit market and (z) agreed to by the Administrative Agent and each of the Lenders.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Second Currency has the meaning specified in Section 14.19.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Offshore Currency means any lawful currency (other than dollars) that the relevant Issuing Bank with respect to any Offshore Currency Letter of Credit, in its sole reasonable opinion, at any time determines to be (a) freely traded in the offshore interbank foreign exchange markets, (b) freely transferable and (c) freely convertible into dollars.

  • Payment Currency has the meaning given in Clause 21.4;

  • Available Currency means Dollars, and any other currency as the relevant Borrower, each of the relevant Revolving Credit Lenders or the relevant Term Lenders, as the case may be, and the Administrative Agent may agree to from time to time.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Settlement Currency means Pounds sterling ("GBP").

  • Currency means Dollars or any Foreign Currency.