Sentences with phrase «for banking purposes»

It offers a great mobile and web interface for banking purposes, there are cash back rewards that you can earn when you have a credit or debit card, and the fees are generally low.

I am thinking about moving the plan to a self - directed plan at TD (where we are already «private clients» for banking purposes) and look at a combination of «cash» (MMF or high - interest savings), a GIC «ladder» and the rest in e-series funds (say, 1/3 -1 / 3-1/3 CDN, US, INT)

Not exact matches

The banks have been under valuing assets of small business for lending purposes for many years, especially manufacturing businesses.

Bank of America Corp. plans to stop lending to companies that make assault - style guns used for non-military purposes.

For comparative purposes, 6 % of Harvard's class of 2016 took internships in investment banking, 8 % spent the summer in general management positions, and 15 % were in marketing summer positions.

(The difference is that in home equity loan, the bank provides a lump sum, often for a specific purpose, whereas a line of credit is much like a credit card — available credit for you to use when you need it.)

Clinical trials like Ambrosia's can get blood from blood banks fairly easily for that purpose, but Ambrosia is a for - profit company.

One bank exec who oversees US IPOs said this was «not a replacement for an IPO» since Spotify wasn't raising any money, one of the traditional purposes of an offering — to sell a portion of the company to the public to finance more growth.

For our purposes, we're not talking about bank transfers.

«Given the huge amount of volatility next week in case of a Yes vote, the Bank of England would have put high pressure on the banks to move south for the purposes of preserving financial stability and confidence,» said Ronald MacDonald, a political economy professor at the University of Glasgow.

Those backing the Crapo bill say its main purpose is to relieve community banks and credit unions — generally those with $ 10 billion or less in assets — from some of Dodd - Frank's requirements that may be onerous for smaller institutions.

The directive is aimed at having «unfettered access to all payment data for supervisory purposes», the central bank said.

The document also notes the central bank's concern that these digital assets could be used for illegal purposes, including money laundering and the support of terrorism.

He reiterated in a separate filing on Monday that the Wells Fargo shares «were not acquired and are not held» for the purpose of changing control of the bank.

The government is going to have to take over these banks and socialize them, and use them for public purposes.

But since gold ETFs are part of the very banking system you need protection from, you must ask yourself if they serve one of the primary purposes for owning gold.

The Bank of Canada uses its own internal economic forecasts for monetary policy purposes.

For instance, whenever we use credit cards and business banking accounts for personal expenses, it creates a potential issue with the IRS since certain personal expenses are not deductible for income tax purposFor instance, whenever we use credit cards and business banking accounts for personal expenses, it creates a potential issue with the IRS since certain personal expenses are not deductible for income tax purposfor personal expenses, it creates a potential issue with the IRS since certain personal expenses are not deductible for income tax purposfor income tax purposes.

The IRA contribution will be sent directly to the winner's bank or brokerage firm for the purpose of opening or making a 2017 contribution to an IRA.

Many banks will also require a borrower to insure an asset being purchased over the course of a loan (with an insurance policy acquired for that purpose), to protect the value of the asset being purchased with the loan proceeds.

I hereby certify: (1) the information provided is true and correct, (2) you are hereby authorized to investigate all bank, credit, and trade references, and said references are hereby authorized to release any requested information to you or your nominee, (3) such authorization shall extend to obtaining personal credit profile in considering this application and subsequently for the purposes of update, renewal or extension of such credit or additional credit and for reviewing or collecting the resulting account, (4) this information may be transmitted by us to you and by you to underwriter (s) for the purpose of granting me credit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, text - messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purposes.

In contrast, the banking sector had a net foreign currency liability position before taking into account the use of derivatives for hedging purposes and a net foreign currency asset position of close to zero after accounting for the use of hedging derivatives.

This makes it important to weigh the value of access verses a lower interest rate in some circumstances — this is true even for very creditworthy borrowers who would otherwise qualify for a traditional commercial loan at the bank but their loan purpose doesn't give them the luxury of time required to wait for a traditional bank loan.

For these purposes, the Australian Prudential Regulation Authority (APRA) has defined high - quality liquid assets to include cash, central bank reserves and government securities.

Following an initial (very) small grant from an NGO, the bank's operations are funded by a) interest from microcredit loans (up to 3.5 % monthly but also as low as 1 % depending on size of and purpose of loan) b) fees from the corresponding bank (i.e. Banco Palmas acts as local agent for regional bank to widen access to banking services), and c) commission for changing Palmas to Reais16.

««Virtual currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established currency, which does not possess the legal status of currency or money, but is accepted by natural or legal persons as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.

If the proposal goes through, FinTech companies applying for a special purpose national bank charter will have to have a robust, well - developed business plan, and a governance structure, capital levels, and liquidity that take into account the risks and complexity of its activities and services.

When an open position in an SF Repo has matured and the Reserve Bank has agreed to contract a new SF Repo against the same security for settlement on the same day, the Reserve Bank may permit the cash and security movements in the two transactions to be netted for the purposes of settlement.

Retained issues are not placed in capital markets, but kept on the issuer's balance sheet for collateral purposes in central bank liquidity operations.

April 12, 2018 — The C.D. Howe Institute's Monetary Policy Council (MPC) called for the Bank of Canada to maintain its target for the overnight rate, the very short - term interest rate it targets for monetary policy purposes, at 1.25 percent at its next announcement on April 18, 2018.

Stan Miroshnik, managing director of The Element Group, an investment bank for the cryptocurrency and token - based capital markets, who gets queries from Russia, Kazakhstan, Indonesia, Malaysia, countries in Latin America and all over the world, says he asks founders who come to him, «What purpose does a token have for your company's ecosystem?

Besides it, if you use bank wire, you need to be noted that this transaction will require $ 30 fees for banking expenses purposes.

But in the important area of capital, this would be unlikely to hurt Citi, because international bank capital rules disqualify all but a small portion of the deferred tax asset for regulatory purposes.

The document defines the information needed on the availability of tokens for accounting purposes, and the classification of markers received by the organizations (except the National Bank, Development Bank, non-financial banking institutions and banking institutions) depending on their further use.

Once the report has been received by the competent authorities, the Indian Government alongside with the Reserve Bank of India, also known as RBI, have responded and said that they will investigate the issue and do their best in order to ensure that the bitcoin payment method is not used for illegal purposes.

The Bank subscribes to tenders when necessary for its own portfolio management purposes and provides registry services, but since October 2006 the Bank no longer acts as agent for the Australian Government in conducting tenders of Australian Government Securities.

As this results from a once - off tax policy change, the Bank will abstract from this direct effect of the GST for the purposes of assessing inflation outcomes relative to the target.

One disadvantage we found is that there are restrictions on the use of funds - you can not use a Citizens Bank personal loan for home improvement, educational or business purposes.

One downside to Citizens Bank is that its personal loans can not be used for home improvement, educational or business purposes.

whether provided on the Saxo Bank Group's websites, on third party websites, in marketing materials, newsletters, in individual e-mails and letters, in lectures, individual conversations or in any other form of written or verbal communication (collectively «Publications») are provided for informational and / or marketing purposes only.

When signing up for a demo or live account with any entity of the Saxo Bank Group, this entity will, for administrative, commercial and / or legal purposes, require and store information about the user, including, but not limited to, name and address.

Furthermore, the Saxo Bank Group may require some financial information for credit assessment purposes, as well as users» e-mail address to be able to mail the login information.

The sweat off a central banker's brow is for the purpose of making the future predictably bland for their member banks.

Saxo Bank and the Information Provider (s) expressly disclaim all warranties of any kind, express or implied, including without limitation any warranty of merchantability, fitness for a particular purpose or non-infringement.

Specifically, the proposed wording gives the Bank the power to purchase any securities or «other instrument «it likes «for the purposes of conducting monetary policy or promoting the stability of the Canadian financial system.»

The Municipal Securities Rulemaking Board (MSRB) writes investor protection rules and other rules regulating broker - dealers and banks in the United States municipal securities market, including tax - exempt and taxable municipal bonds, municipal notes, and other securities issued by states, cities, and counties or their agencies to help finance public projects or for other public policy purposes.

The purpose of this post is to point out that while the payment of interest on bank reserves is now the Fed's primary tool for implementing rate hikes, there are two other tools that the Fed will use over the years ahead in its efforts to manipulate short - term US interest rates and distort the economy.

You furthermore agree that Saxo Bank reserves the right to monitor your use of the Services on the website and that the resultant information may be used by Saxo Bank for its internal business purposes.

Instead, those savings have been shunted to the Fed, and to other central banks, which use them to purchase government securities, and also for other purposes, but never, with rare exceptions (and with good reason), to fund potentially productive enterprises.

Specifically, it says the Bank can «buy and sell any other securities, treasury bills, obligations, bills of exchange or promissory notes, to the extent determined necessary by the Governor for the purpose of promoting the stability of the Canadian financial system.»