Deposit Currency definition

Deposit Currency means, in respect of a CPI Deposit, an Eligible Currency in which such CPI Deposit is denominated; “Deposit Period” has the meaning ascribed to it in Clause 3;
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Deposit Currency means, in relation to each Deposit Plus deposit, the currency in which such Deposit Plus deposit is denominated when received by the Bank, as set out in the relevant Confirmation.
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Deposit Currency means the main currency of the Client’s Account.
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Examples of Deposit Currency in a sentence

  • A): DEPOSIT INTEREST RETENTION TAX DECLARATIONYou only need to provide details on DIRT exemption if you have a Deposit Currency Account with Bank of IrelandWe, the Company, wish to apply for a DIRT exemption and will tick the appropriate box below.

  • 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.

  • If the Deposit Currency of a CPI Deposit is Renminbi, such CPI Deposit shall also be subject to the terms and conditions (which shall include any information relating to the Renminbi Account issued by the Bank from time to time) governing the Renminbi Account (“Renminbi Account Terms and Conditions”) in force from time to time.

  • The amount of Interest payable in respect of each Interest Period will be calculated by the Bank multiplying the Deposit Amount by the applicable Interest Rate by the actual number of days in the Interest Period divided by 360 or 365 days (depending on the Deposit Currency and as specified in the Confirmation).

  • The Customer agrees to place the Deposit with the Bank in the Deposit Currency and at the Principal Amount for the Deposit Tenor.

  • 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.

  • Where Interest is payable by the Bank to You, the Bank must pay such Interest and the Deposit Amount in the Deposit Currency on the Maturity Date.

  • What is this product and how does it work?"Deposit EXTRA" Investment Deposit (“Deposit EXTRA”) is a structured investment product that consists of a time deposit in the Deposit Currency and selling a put option on a Linked Currency selected by the customer.

  • Due to a restriction under the Exchange Control Regulations, depending upon the kind of the Deposit Currency, the Bank may not be able to credit a foreign currency deposit to a foreign deposit account.

  • These Terms and Conditions-SDS and the OCBC Wing Hang Bank Limited Terms and Conditions for All Accounts and Related Services shall apply to each Structured Deposit (Currency Linked Target Rate).


More Definitions of Deposit Currency

Deposit Currency means the currency in which the Deposit is placed with the Bank which shall be an Eligible Currency (definition see below) other than the Linked Currency (definition see below);
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Deposit Currency means the currency, as selected by the Customer and agreed by the Bank, in which the Customer makes their original deposit for the purposes of placing a Currency Linked Deposit with the Bank;
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Deposit Currency means the currency in which the deposit ac- count has been opened;
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Deposit Currency means the local currency of the corresponding Component;
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Deposit Currency means the currency in which the Deposit is placed with the Bank which shall be an Eligible Currency other than the Linked Currency;
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Deposit Currency means the currency specified as such in the Confirmation.
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Related to Deposit Currency

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

  • First Currency has the meaning specified in Section 1.15.

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

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

  • Payment Currency has the meaning given in Clause 21.4;

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

  • Agreement Currency has the meaning specified in Section 10.19.

  • Other Currency has the meaning specified in Section 1.15.

  • Original Currency has the meaning assigned to such term in Section 2.17.

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

  • Component Currency means any currency which, on the Conversion Date, was a component currency of the relevant currency unit.

  • 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.

  • 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).

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

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

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

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

  • Judgment Currency has the meaning specified in Section 10.19.

  • Second Currency has the meaning specified in Section 14.19.

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

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Index Currency means USD.

  • Termination Currency means United States Dollars.

  • 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).

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