Foreign banks meaning

Examples of Foreign Bank in a sentence • Foreign Bank has filed with the Federal Reserve Board a current Form FR Y-7 and has disclosed its ownership information on Item 4 of Form FR Y-7. • CaixaBank, S.A. ( Foreign Bank) and all its foreign branches listed in the attachment A, hereby certifies as follows: *A “ foreign bank” does not include any foreign central bank or monetary authority that functions as a central bank, or any international financial institution or regional development bank formed by treaty or international agreement. • For purposes of this Certification, owner means any person who, directly or indirectly, (a) owns, controls, or has power to vote 25percent or more of any class of voting securities or other voting interests of Foreign Bank; or (b) controls in any manner the election of a majority of the directors (or individuals exercising similar functions) of Foreign Bank. • Foreign Bank is subject to inspection by the Banco de España, the banking authority that licensed Foreign Bank to conduct banking activities, and by the Comision Nacional del Mercado de Valores (CNMV). • The above address is in SPAIN, where Foreign Bank is authorized to conduct banking activities; in the country where its place of the business is located. More Definitions of Foreign Bank