Sentences with phrase «required by other banks»
balance of just $ 15K with them instead of the $ 25K required by other banks.
http://www.canadiancapitalist.com/ Not exact matches
Quite apart from the argument over OSFI - style oversight, the former federal official and others stress this segment of the market at least requires more transparency and clearer data so regulators and the Bank of Canada can better understand the credit landscape and the extent of high - risk loans issued by private lenders.
If it has more at the Fed than is required by regulation, it lends the extra to other banks, which might not have enough in reserve.
Other times, the terms set out by a traditional lender might not be agreeable, or a company could require a little more guidance than a bank would provide.
The bureau also been working on rules that would prevent banks and other financial firms from blocking class - action lawsuits by consumers and would require payday lenders to do more underwriting.
First, by the end of 2014, following the large - scale asset purchase programs, the Federal Reserve balance sheet was funded by about $ 3.1 trillion in liabilities other than Federal Reserve notes, which were mostly in the form of reserves in excess of the amount banks were required to hold; in contrast, there were only $ 64 billion of non-Federal Reserve note liabilities in June 2007, of which only about $ 2 billion were excess reserves.
Collateralizing your small business loan with assets (such as real estate, equipment, or other valuable asset), that can be sold by your lender should your small business default on a loan, is frequently required by traditional lenders like the bank.
When real estate is being used as collateral, banks and other regulated lenders are required by law to obtain third - party valuation on transactions of $ 50,000 or more.»
Interest rates on government debt, too, were set by the authorities, and there were «captive market» arrangements under which banks and other institutions were required to hold minimum amounts of government debt.
It seems bizarre that the most reasonable understanding of why the 2008 bank crisis did not require a vast public subsidy for Wall Street occurred at Monday's Republican presidential debate on June 13, by none other than Congressional Tea Party leader Michele Bachmann — who had boasted in a Wall Street Journal interview two days earlier, on Saturday, that she voted against the Troubled Asset Relief Program (TARP) «both times.»
By design, Billon is significantly cheaper than any other electronic money provider — they don't require banks to invest into new hardware, software and their integration can be implemented within 12 weeks... therefore, compared to alternatives like payment cards, checks or core - banking system architecture, Billon is 90 per cent cheaper to implement and nearly 100 per cent cheaper to operate.
ICOs are also known as Initial Coin Offering or Initial Public Coin Offering (IPCO) and are used by startups to avoid other painstaking and regulated ways of raising capital, which are required by banks or venture capitalists.
«As there is no central operator,» he points out, «the network participants are responsible for implementing local regulatory requirements, including KYC [Know Your Client], AML filtering, etc., as required by the respective banking regulators or other authorities.»
Some homebuyers are intimidated by foreclosed and bank - owned homes because they often require more renovations — and a different type of negotiation — than other options on the market.
And I myself have used it to pay editors and translators in other countries and you know there's no fooling around with bank fees and you don't have to fill out any of the capital control forms required by the Federal government.
Today, these values shape the public debate and policy of most industrialized countries and have been imposed on many others through the structural adjustment required by the International Monetary Fund and the World Bank.
The principle of solidarity, of the health of one working for the health of another, was transformed into an accounting system by which the merit of each member was theoretically measured in heaven, and all of it beyond what that member required put in a bank fur the help of others.
They both were accused by the General Secretary and others to have opened a bank account on behalf of the party without the former's consent and authority of the chairman as required by the Party's Constitution.
For the protection of New York State residents, banks, insurance companies, utilities, investment companies and many other businesses are required by state law to surrender inactive accounts to the state.
«I acknowledged the leadership of Barak Obama, Chris Dodd, Barney Frank, Blanche Lincoln and other brave Democrats by voting for a strong package of more government rules and regulations, designed so that banking disasters on Wall Street will never require taxpayer bailouts and kite the national debt, ever again.
The members are required to verify their photos, age, education, and occupation by submitting their IDs and other supporting documents, so a wealthy Sugar Daddy to be certified as a millionaire, he has to submit financial information using the tax return form from last year, which has to shows more than $ 150, 000 in earnings and a bank statement or other documents that prove his assets or total net worth is more than $ 1 million.
Chase Bank has comprised of Chase Routing Numbers which are used by the customer to transfer the funds from a bank account to the other as and when requiBank has comprised of Chase Routing Numbers which are used by the customer to transfer the funds from a bank account to the other as and when requibank account to the other as and when required.
Your use of Digital Banking, and the specific services available through Digital Banking, are governed by this Agreement, the Bank's Disclosure of Products and Fees applicable to your accounts, the application you complete (if required) for any service available through Digital Banking, any instructions we provide you on using Digital Banking, and any other agreements applicable to the deposit or loan accounts or the services you access through Digital Banking, including our Deposit Account Agreement, Business and Treasury Services Agreement, any applicable overdraft protection agreement, any applicable loan agreement, any credit card agreement, and any other applicable agreement such as our Funds Transfer Authorization Agreement and our Agreement for Automated Clearing House Services («Banking Agreements»), all as they may be amended from time to time.
With most banks and other financial taking several days, weeks and sometimes months to approve loans due to the many steps required, payday loans do come as a savior of some sort when one is pushed to the corner by financial emergencies.
Collateralizing your small business loan with assets (such as real estate, equipment, or other valuable asset), that can be sold by your lender should your small business default on a loan, is frequently required by traditional lenders like the bank.
Some brokers may require their clients to fund their trading accounts by direct bank deposit whereas others may be more flexible and support a variety of payment methods.
Initially, your mortgage broker or loan officer will help you start the mortgage process by gathering your tax returns, pay stubs, bank statements, and any other financial information the lender may require.
(b) engaged as an «investment advisor» as that term is defined in Section 201 (11) of the Investment Advisor's Act of 1940 (whether or not registered or qualified under that Act), nor (c) employed by a bank or other organization exempt from registration under Federal and / or state securities laws to perform functions that would require him or her to be so registered or qualified if he or she were to perform such functions for an organization not so exempt.
Charge a buyer or receive from a buyer money or other valuable consideration before completing performance of all services the credit services organization has agreed to perform for the buyer, unless the credit services organization has obtained a bond in accordance with section 538A.4 or established and maintained a surety account at a federally insured bank or savings and loan association located in this state in the amount required by section 538A.4, subsection 5.
The system is used (and required) by Bank of America, Nationstar, Chase, Ocwen, Carrington Mortgage Services and others.
You agree to promptly notify ChoiceTrade in writing if you are now or if you become: (a) registered or qualified with the Securities Exchange Commission, the Commodities Futures Trading Commission, any state securities agency, any securities exchange or association, or any commodities or futures contract market or association; (b) engaged as a «registered investment adviser» within the meaning of Section 201 (11) of the Investment Advisors Act of 1940 (whether or not registered or qualified under that act); or (c) employed by a bank or other organization exempt from registration under federal and / or state securities laws to perform functions that would require you to be so registered or qualified if you were to perform such functions for an organization not so exempt.
Banks and credit card companies, among others, are required by law to provide records of your transactions if so requested by the CRA.
the store complies with all conditions required by the consumer's bank, credit union or other financial institution.
When real estate is being used as collateral, banks and other regulated lenders are required by law to obtain third - party valuation on transactions of $ 50,000 or more.»
If banks were required to approximately match cash flows for assets not financed by equity, yield curves would steepen for other areas of the fixed income markets.
(1) Charge a buyer or receive from a buyer money or other valuable consideration before completing performance of all services the credit services organization has agreed to perform for the buyer, unless the credit services organization has obtained in accordance with § 2404 of this title a surety bond in the amount required by § 2404 (e) of this title issued by a surety company authorized to do business in this State or established and maintained a surety account at a federally insured bank or savings and loan association located in this State in which the amount required by § 2404 (e) of this title is held in trust as required by § 2404 (c) of this title;
Certain factors required to avail a top up loan is purely decided by your repaying capacity, income and commitment towards any other loans would be considered before the bank decides on the exact top of loan that can be given.
(1) Charge a buyer or receive from a buyer money or other valuable consideration unless the credit repair services organization has obtained, in accordance with R.S. 9:3573.4, a surety bond issued by a surety company authorized to do business in this state or has established and maintains a trust account at a federally insured bank or savings association located in this state in which the amount required by R.S. 9:3573.4 (E) is held in trust as required by R.S. 9:3573.4.
Proposals for which no funding is required and / or which have already been peer reviewed and funded by other granting bodies but which need Foundation support such as Foundation encouraged access to Springers owned by members of the English Springer Spaniel Field Trial Association or access to the ESS DNA Bank may be submitted to the Foundation for expedited review.
That has now been given, in several forms: the OECD issued a report in October showing that two thirds of the finance required is already being supplied; and a report by the World Resources Institute showed that the remainder can be made up by increased finance from the World Bank and other development banks, and from the private sector.
On the other hand, a person under investigation has the obligation to produce materials (even if subject to data privacy, bank secrecy and other data protection laws) if required by CVM or a valid court order.
The proposed regulation will require banks, insurance companies and other financial services institutions regulated by the New York State Department of Financial Services to establish and maintain a comprehensive cybersecurity program.
In particular, LexisNexis ® Risk Solutions has high - lighted five key revisions to the current legislation that banks and other financial institutions must be aware of to remain compliant in their anti-money launder - ing provisions: • Pre-paid cash cards: to reduce financial crimes linked to anonymous pre - paid instruments, vendors will be required to conduct more stringent customer verification and the thresh - old will be reduced from $ 250 to $ 150 • Digital currencies: thorough customer due diligence controls will be required by all virtual cur - ing farmers, are vulnerable to unfair trading practices employed by partners in the chain.
Bitcoin cash allows anyone, anywhere in the world, to send money to each other for less than one cent, instantly, safely, without requiring any permission from anyone (banks or government), and its value does not get destroyed by hyperinflation.
• Assisted the store manager in daily operation of the store (occasionally assuming store responsibility in his absence) • Sold merchandise to customers following GNC's prescribed selling procedure • Assisted manager in the implementation of complete merchandise information accurately in time • Ensured GNC's standard of store presentation was being followed by staff • Took responsibility of keeping store clean and uncluttered by managing team of sweepers and cleaners • Received, checked and shelved all merchandise products • Assisted manager in placing purchase orders and managing inventory • Completed all training materials and communicated company newsletters and other information to staff regularly • Recorded information into registers manually and in computerized systems • Completed daily registering and store open / close functions • Took responsibly of company bank deposits as required by the store manager
Under the AML Proposals, when clients are introduced to Realtors by other reporting entities in the AML regime (such as banks or notaries), the Realtor will be required to receive from the introducer the documents they used to verify the client, and to retain the information as part of his record - keeping obligations with the aim of making it available to the Financial Transactions Reports Analysis Centre of Canada (FINTRAC).