Foreign Bank Account definition

Foreign Bank Account means a Foreign Currency bank account conducted by Residents with a bank outside the CMA in terms of the provisions of the Authorised Dealer Manual or a specific authority granted by the SARB;
Sample 1Sample 2Sample 3
Foreign Bank Account means each deposit account held by D-Wave Quantum Services Europe Limited, D-Wave Japan Co., Ltd., and D-Wave UK Ltd. For the avoidance of doubt, the Foreign Bank Accounts on the Closing Date shall include the bank accounts held by (x) D-Wave Quantum Services Europe Limited at Bank of Ireland (account numbers [*****] and [*****]), and (y) D-Wave Japan Co., Ltd. at Sumitomo Mitsui Banking Corporation (account number [*****]).
Sample 1Sample 2Sample 3
Foreign Bank Account means a bank account held in a bank registered and licensed in a jurisdiction outside the Republic;
Sample 1Sample 2

Examples of Foreign Bank Account in a sentence

  • Iran Foreign Bank Account “Restriction” Provision Status: Back in Effect on November 5, 2018The ability of Iran to repatriate hard currency—U.S. dollars are the primary form of payment for oil—to its Central Bank was impeded by a provision of the ITRSHRA which went into effect on February 6, 2013 (180 days after enactment).

  • Iran Foreign Bank Account “Restriction” Provision Status: Waived but Went Back into Effect on November 5, 2018The ability of Iran to repatriate hard currency—U.S. dollars are the primary form of payment for oil—to its Central Bank was impeded by a provision of the ITRSHRA which went into effect on February 6, 2013 (180 days after enactment).

  • The TD F 90-22.1 Form, also known as the Foreign Bank Account Report or “FBAR,” requires disclosure of all foreign accounts with at least $10,000.

  • We also have indicators of whether and when amended 1040 returns were filed, although we do not have access to line-by-line information from the amended returns.4.1 Foreign Bank Account Reports (FBARs) Crucial to our analysis is micro data from the Report of Foreign Bank and Financial Accounts.

  • Foreign Bank Account potentially falls within the amnesty because $40 000 of the account stems from undisclosed foreign receipts and accruals arising before 1 March 2002 (i.e., the period before Individual’s 2002-2003 year of assessment).

  • REPORTING REQUIREMENT 66.1 Foreign Bank Account Reporting (FBAR) 66.2 Suspected Fraud Reporting 67.

  • The support structures for the west half of the new bridge will penetrate creek side toe slope of the existing Indian Grave levee.

  • Individual first accumulates $50 000 offshore in June 1998, all of which is placed in Foreign Bank Account A.

  • Provide further guidance on issues relating to reporting of foreign accounts by U.S. beneficiaries of foreign trusts on the Foreign Bank Account Report (FBAR), and U.S. beneficiary reporting of foreign accounts and foreign financial assets owned by foreign trusts, as required by section 6038D.

  • They are characterized by a different economical and financial structure which has influenced monetary policy in the past and steered the monetary response during the financial crunch.


More Definitions of Foreign Bank Account

Foreign Bank Account means a bank account at a recognised financial institution of which the registered office is outside the boundaries of the Republic of South Africa;
Sample 1
Foreign Bank Account means a foreign currency bank account conducted by Residents with a bank outside the CMA in terms of the provisions of the Rulings or a specific authority granted by the SARB.
Sample 1

Related to Foreign Bank Account

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • 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;

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • UK Non-Bank Lender means where a Lender becomes a Party after the day on which this Agreement is entered into, a Lender which gives a Tax Confirmation in the Assignment Agreement or Transfer Certificate which it executes on becoming a Party.

  • Non-Bank Tax Certificate shall have the meaning provided in Section 5.4(e)(ii)(B)(3).

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • 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 Depository means (a) Euroclear, (b) Clearstream Banking, societe anonyme, (c) each Eligible Securities Depository as defined in Rule 17f-7 under the Investment Company Act of 1940, as amended, identified to the Fund from time to time, and (d) the respective successors and nominees of the foregoing.

  • Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.