local bank definition

local bank means any bank or branch thereof authorised to transact business as such in the Islands;
local bank means a financial institution (within the meaning of regulation 4(1)) that satisfies both of the following:
local bank means any bank in the United Republic;

More Definitions of local bank

local bank means any bank in Singapore that is not a foreign bank;
local bank means a bank which is a company incorporated in Belize under the Companies Act;
local bank means any person carrying on banking business in Montserrat under the authority of an “A” licence granted under the provisions of the Banking Act;
local bank. The meaning specified in the Servicing Agreement.
local bank means any bank licensed by the Bank of Tanzania to undertake the banking business in Tanzania;
local bank means a financial institution acceptable to the Agent holding one or more collection accounts into which the Servicer deposits Collections from Obligors. The parties agree that Union Bank of California shall be an acceptable Local Bank.
local bank means a financial institution satisfying the following requirements, namely:-