Mexican Bank definition

Mexican Bank shall be a bank organized pursuant to the laws of Mexico and authorized to conduct banking activities in Mexico by the Ministry of Finance.
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Mexican Bank means a multiple banking institution established under the laws of Mexico and licensed to engage in the business of banking by the Mexican Ministry of Finance and Public Credit.
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Mexican Bank means any full-service bank established in accordance with the laws of Mexico and authorized by the Ministry of the Treasury and Public Credit to operate as a full-service bank.
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Examples of Mexican Bank in a sentence

  • See, e.g., Lily Hay Newman, ‘How Hackers Pulled Off a $20 Million Mexican Bank Heist’, in Wired, 15 March 2019, https://www.wired.com/story/mexico-bank-hack (discussing a transfer initiated by hackers from a phantom account to a real account within the bank).

  • For its part, Banco de México (the official Mexican Bank) released the growth forecast for the Mexican economy in 2020 published on April 1, 2020, which shows a contraction of 3.99 percent.

  • These repo transactions are secured by debt instruments issued by the Mexican Federal Government, the Mexican Bank Savings Protection Institute (IPAB) and the Mexican Central Bank.

  • A fideicomiso is a property-ownership arrangement complying with Article 27 of the Mexican Constitution under which a Mexican Bank Trust obtains legal title to a piece of real property within a prohibited zone, and a foreigner, as the beneficiary of the trust, enjoys the beneficial interest in the property, including all the usual rights of ownership.

  • The provisions of Article 41 (2) shall apply mutatis mutandis to the support for vocational skills development training costs under paragraph (1).

  • The Mexican Bank of Academic Credits allows certificates of accredited certification centres to count towards formal educational programs at upper middle and higher levels.

  • Also, let must(X) be the subset of transitions in X the guards of which evaluate to true.

  • Thus, by 1909, the Mexican banking system was composed of a handful of national banks: Banco Nacional de Mexico (BANAMEX), Banco Central (Mexican Central Bank), Banco de Londres y Mexico (Bank of London and Mexico), Mexican Bank of Commerce and Industry, and Mortgage and Credit Foncier Bank of Mexico.

  • Mexican Bank Association, ‘Medidas de Apoyo en la Banca Mexicana en beneficio de acreditados afectados por COV- ID-19’, <https://www.abm.org.mx/sala-de-prensa/comunicados-prensa.htm> accessed 17 April 2020.

  • To send money from the US to Mexico, xRapid buys XRP on a crypto exchange (Bittrex) sells the XRP for Peso’s on the Mexican exchange (Bitso) which are then passed to the local payment rails to the Mexican Bank.

Related to Mexican Bank

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • Foreign Bank means an organization that (i) is organized under the laws of a foreign country, (ii) engages in the business of banking, (iii) is recognized as a bank by the bank supervisory or monetary authority of the country of its organization or principal banking operations, (iv) receives deposits to a substantial extent in the regular course of its business, and (v) has the power to accept demand deposits, but does not include the U.S. branches or agencies of a foreign bank;

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Acceptable Bank means (a) a bank or financial institution which has a rating for its long-term unsecured and non credit-enhanced debt obligations of A- or higher by S&P or A2 or higher by Moody's or a comparable rating from an internationally recognized credit rating agency; or (b) any other bank or financial institution approved by each Agent.

  • credit institutions means credit institutions as defined under Directive 2006/48/EC;

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • KeyBank means KeyBank National Association.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • Bank is defined in the preamble hereof.

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • DBTCA means Deutsche Bank Trust Company Americas.

  • International Borrower In connection with any Mortgage Loan, a borrower who is (a) a United States citizen employed in a foreign country, (b) a non-permanent resident alien employed in the United States or (c) a citizen of a country other than the United States with income derived from sources outside the United States.

  • Account Party has the meaning specified therefor in Section 2.11(h) of this Agreement.

  • JPMorgan means JPMorgan Chase Bank, N.A.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Second Lien Bank Loan means a Bank Loan that is entitled to the benefit of a second lien and second priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • regulated financial institution means a state or nationally chartered bank, savings and loan association or savings bank, credit union, trust company, or other state or federally chartered lending institution or a regulated affiliate or regulated subsidiary of any of these entities.