Sentences with phrase «own banking purposes»

Sir Donald and Lady Norma Trescowthick have sold their Cornwall Park property to a buyer for land - banking purposes.

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)

This simple premise accounts for much of the confusion, even among life insurance professionals, concerning how soon a policy can be utilized for self 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.

This contest between whole life vs IUL may be a classic comparison between the tortoise and the hare; however, for infinite banking purposes, the tax advantages of whole life dividends do add an advantage for long term cash accumulation.

In order to further proceed with the payment of income tax online, the taxpayer will have to login to the net banking site with user id / password provided by the bank for net banking purpose and enter the payment details on the bank site.

Ripple was basically created to serve a bank purpose rather than investment, and in the light of this has called several banks across the world to partner it.

Not exact matches

Operating an LLC with a personal bank account all but defeats its purpose, according to Horwitz.

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

They've got lots of money in the bank, but they've sold their baby and they're finding far too much time with their wife or their husband, and they've lost a very important purpose in their life.

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.)

One of the purposes of the living will is to create a plan to dissolve parts of the bank if need be.

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

But some owners use nominees or shell companies, which can have legitimate purposes but also can mask international crime, governments and international bodies like the World Bank say.

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.

In addition, when we garden with others, and when we further enhance this activity through developing a community garden or donating some of our bounty to a food bank, we feel a sense of belonging; we bond with our peers — which in turn can lead to supportive, collaborative, and nourishing relationships, both personal and professional; and we tap into a sense of meaning and purpose in life, by helping out those in need.

This transposition of ends and means is often disastrous because methods, now geared to meeting the metric, are detached from customer purpose — so banks sell payment protection insurance to people who do not need it, or VW managers manipulate emissions readings to meet targets.

With extended operating hours in some countries and access to domestic payments systems being on a real - time gross basis, payments by banks in different currencies into and out of the special purpose bank would be made with finality on a continuous basis.

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.

So if your loan purpose would be served by a longer - term loan, a loan at the bank could be a good option.

But the main purpose of these statements, and of all the other communication we do, is simply to try to make the Bank's assessment of the outlook and its actions as understandable as possible to the many people who need to make long - term decisions, including households and businesses.

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 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.

Depending upon the lender, the loan purpose, and the loan amount, a commercial bank loan will likely include a lower interest rate and come with a longer term than other loan types.

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.

Reserve Bank of Zimbabwe governor John Panonetsa Mangudhla still argues that the purpose of the introduction of the dollar denominated bond notes was to fund a five - percent export incentive, meant to stimulate the circulation of US dollars in the economy.

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

CTC myCFO is a brand delivering family office services and investment advisory services through CTC myCFO, LLC, an investment adviser registered with the U.S. Securities and Exchange Commission; investment management services, trust, deposit and loan products and services through BMO Harris Bank N.A., a national bank with trust powers; and trust services through BMO Delaware Trust Company, a Delaware limited purpose trust compBank N.A., a national bank with trust powers; and trust services through BMO Delaware Trust Company, a Delaware limited purpose trust compbank with trust powers; and trust services through BMO Delaware Trust Company, a Delaware limited purpose trust company.

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.

This includes things like special - purpose vehicles (SPVs) created by banks to take assets off their balance sheet and fund them using asset - backed commercial paper (ABCP).

The real purpose of this regulatory rewrite is to make sure that the government can bail out the banks» bondholders and even bail out the stockholders as well as the banks themselves.

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.

Based in purpose, culture, and diversity, he brings this vision and practice to the world as a partner at Epoch Pi, a values - and purpose - driven investment bank in Cleveland, OH.

So the purpose of the bank regulation is to make sure that if a bank makes bad loans, or if customers can't pay, the banks won't lose.

Perhaps a follow up on how people are simply duplicating the banking system and degrading blockchain purpose and Tech, will be of great value