authorized bank

Tourists are expected to make foreign exchange transactions at authorized banks and to retain receipts.

The decentralization move had also allowed members to remit payments through authorized banks.

The legislator said the state had authorized banks to issue reverse mortgages but that "they are reluctant to do so."

From that date, all foreign exchange receipts were to be surrendered to authorized banks at the official rates of exchange.

Signature images and relevant data needed for verification are promptly made available and can be simultaneously retrieved by authorized bank officers.

Mr. Isarescu said that beginning in April, some organizations and individuals would be permitted to trade in foreign currency through several authorized banks.

KVB is one of the authorized banks to open accounts under the New Pension Scheme.

Its adoption in the United States was delayed until 1980, when Congress first authorized banks to pay interest on checking accounts for certain types of depositors.

Also, through authorized banks serving governmental programs, the NBB extended preferential targeted loans to state-owned enterprises.

Foreign currency should be exchanged in authorized banks, hotels, and other legally authorized outlets and proper receipts should be obtained for the transactions.

"He has his own objectives to pursue, and regards authorized banks as an instrument of economic policy in the same way as they see him as a political instrument."

In 1964 he started an investment company with Peter Walker, a Tory MP, called Slater Walker-in reality an authorized bank.

In 1978 the Federal Reserve Board had authorized bank holding companies to establish securities affiliates that underwrote and dealt in government securities and other bank-eligible securities.

Germain act authorized banks to begin offering money market accounts in an attempt to encourage deposit in-flows, removed additional statutory restrictions in real estate lending, and relaxed loans-to-one-borrower limits.

Buying From Traffickers A number of the people charged yesterday, officials said, obtained Federal licenses to accept food stamps and deposit them in authorized bank accounts for redemption by the Government.

Inclusion in the 'banking sector' was based on an informal appraisal of a bank's size and reputation, and was usually associated with the granting of authorized bank status for exchange control purposes.

The First National Bank of Plymouth was organized on December 10, 1864, under the National Banking Law of 1863, which authorized banks to handle and distribute national currency.

The following year (1994) it became the depository and paying agent for treasury obligations, and the following year after that (1995) it became the authorized bank for the federal agency dealing with bankrupt enterprises.

As of 2008, there are 327 authorized banks and securities dealers in Switzerland, ranging from the "Two Big Banks" down to small banks serving the needs of a single community or a few special clients.

Only authorized banks, supranational and government entities, brokers/financial institutions (provided that the institution is subject to regulation by an acceptable regulatory authority) and general corporates as triparty repo cash providers are eligible customers of Clearstream.

As governor, Mr. Menem at least doubled the number of employees on the state payroll, to about 26,000, authorized bank loans to 16,000 civil servants before local elections in 1987, and conducted world trips at provincial expense, purportedly to attract foreign investment to La Rioja.

The members of the League of Young Officers came to power with an agenda, which included a wide variety of social reforms, deal with the failing economy, establish the Central Bank as the unique authorized bank to distribute currency, create a new system of budget and customs.

This issue of the Office of the Comptroller of the Currency's Insights report discusses how the school-based bank savings programs operate, explains their establishment in "nonbank branch" settings or as authorized bank branches, and describes the benefits and potential risks to banks participating in these programs.

The most dramatic change coming for bettors, according to both Mr. Gutterman and Mr. Handel, will be a system that will allow people to place bets from their living rooms as they watch races on a cable channel, with bets and winnings channeled through an account with an authorized bank.

They are granted by decision of the SNCI Board of Directors, via an authorized bank, for financing intangible assets (patents, licenses or software), tangible assets (equipment for the production or provision of services) and land, buildings or parts of buildings to be used for professional purposes.