Collecting Bank - Law Dictionary Search Results
collecting bank
Matched in: Term collecting bank
bank
Matched in: Term bank
settlement
al."] 3 : closing [ costs] 4 : the transfer of funds between a payor bank and a collecting bank in order to complete transactions for customers
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Short entry
entry. It takes place when a bill or note, not due, has been sent to a bank for collection, and an entry of it is made in the customer's bank-book, stating the amount in an inner column,
customer
person or entity having an account with a bank or on whose behalf the bank has agreed to collect items b : a person or entity for whom an issuer issues a letter of credit
D'Oench doctrine
failed bank against attempts by the federal insurer (as the Federal Deposit Insurance Corporation) or its assigns to collect on a promissory note (as a loan) called also D'Oench Duhme doctrine
House of Commons
Abolition of the Property Qualification for M.P.'s (granted in 1858); and (6) Annual Parliaments. Bowles's Act.--By the Provisional Collection of Taxes Act, 1913 (3 & 4 Geo. 5, c. 3), statutory effect is given for a limited … and Irish judges are disqualified, also the holders of various offices particularized by statute, government contractors, clergymen, and bankrupts. See House of Commons disqualification (Declaration of Law) Act, 1931 (21 & 22 Geo. 5, c. 13); and
good faith
of fair dealing,” a definition which also applies to the provisions of Article 4 on bank deposits and collections and Article 4A on funds transfers. The U.C.C. imposes an obligation of good faith on the performance of
Partnership
liable for all debts and obligations of the firm (s. 3). The partners will be known and described collectively by a 'firm name' (s. 3). A limited partnership in a banking business must not consist of more … partners will be known and described collectively by a 'firm name' (s. 3). A limited partnership in a banking business must not consist of more than ten, and in any other business, twenty partners. [(English) Companies Act,
Credit information
(v) any other matter which the Reserve Bank, consider necessary for inclusion in the credit information to be collected and maintained by credit information companies, and specify, by notification, in this behalf [Credit Information Companies (Regulation) Act,
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