Depository transfer check (DTC)


 

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Depository transfer check (DTC)

Check made out directly by a local bank to a particular firm or person.



Depository transfer check (DTC)

Similar Matches

American Depository Receipt Ratio

American Depository Receipt Ratio

The number of ordinary shares into which an ADR can be converted.


Depository preferred

Depository preferred

Device enabling an issuer to circumvent an arbitrary corporate limit on the number of preferred shares issuable. Applies mainly to convertible securities.


Depository institution

Depository institution

A financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions. Although historically they have broadened their powers in recent years. For example, NOW accounts, credit union share drafts and other services similar to checking accounts may be offered by thrift institutions.


American Depository Share (ADS)

American Depository Share (ADS)

Foreign stock issued in the US and registered in the ADR system.


Electronic depository transfers

Electronic depository transfers

The transfer of funds between bank accounts through the Automated Clearing House (ACH) system.


Further Suggestions

Global Depository Receipt
Depository receipt
depository bank
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International Depository Receipt (IDR)
MBS depository
Depository Trust Company
Depository Institutions Deregulation and Monetary Control Act


 
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