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DEPOSITORY BANKDepository bank is a bank holding American Depositary Shares (ADSs), or shares of corporations based outside the U S, and sells American Depositary Receipts (ADRs) to US investors. The bank provides a [..]
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DEPOSITORY BANKA bank designated to receive and distribute delay rentals.
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DEPOSITORY BANKThe bank that accepts incoming paper or electronic funds and credits it to a beneficiary bank account.
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DEPOSITORY BANKThe bank to which payment of delay rental or other sums may be paid to the credit of lessor or his successors in interest.
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DEPOSITORY BANKA Depository Bank is entrusted with the custody of financial instruments and liquidity of mutual funds. The bank has to comply with the instructions of the asset management company which manages the f [..]
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