Sentences with phrase «authorized agent bank»
Bearer bonds are also called coupon bonds because the physical bond certificates have coupons attached to them that can be redeemed at an authorized agent bank for biannual interest payments, an activity that is commonly called «clipping coupons.»
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The announcement followed Garcia Padilla signing a law this week authorizing him to take steps to avoid receivership at the GDB, the U.S. territory's primary fiscal agent, and prevent a run on the bank.
The designation of your Administrator and Sub-Users, if any, as your authorized agents to engage in the Online Banking Services for a business Account will be considered the authorization for all other account owners or Linked Customers of that Business or Linked Account.
Brokerage at the rate of Re1.00 (Rupee one only) per Rs. 100 will be paid to the brokers including PPF and UTI agents registered with the Receiving Office and also to authorized banks on the applications tendered by them on behalf of their clients and bearing their stamp.
The registration shall contain (i) the name and address of the credit services business, (ii) the name and address of the registered agent authorized to accept service of process on behalf of the credit services business, (iii) the name and address of any person who directly or indirectly owns or controls a ten percent or greater interest in the credit services business, and (iv) the name and address of the surety company that issued a bond pursuant to § 59.1 - 335.4 or the name and address of the bank that issued a letter of credit pursuant to § 59.1 - 335.4.
However, co-applicants, second cardholders and authorized users of a single Card and / or related cards are considered as one person, and the Bank, its officers, directors, employees, agents, and affiliates are considered as one person.
The main ones are General (which grants broad powers), Special (such as the ability to access your bank account) or Health Care (which authorizes an agent to make health related decisions for you, should you not be able to).
With the continued development of its online transaction portal to communicate with borrowers and authorized 3rd party advisors, Bank of America has taken steps to reduce the amount of time to complete short sales by performing underwriting and valuation tasks while agents collect required documentation.