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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 MatchesAmerican Depository Receipt FeesAmerican Depository Receipt FeesFees associated with the creating or releasing of ADRs from ordinary shares, charged by the commercial banks with correspondent banks in the international sites. Electronic depository transfersElectronic depository transfersThe transfer of funds between bank accounts through the Automated Clearing House (ACH) system. MBS depositoryMBS depositoryA book-entry depository for GNMA securities. The depository was initially operated by MBSCC and is now a separately incorporated, participant-owned, limited-purpose trust company organized under the State of New York Banking Law. Global Depository ReceiptGlobal Depository ReceiptA receipt denoting ownership of foreign-based corporation stock shares which are traded in numerous capital markets around the world. Depository institutionDepository institutionA 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. Further SuggestionsInternational Depository Receipt (IDR)American Depository Receipt Ratio depository bank American Depository Share (ADS) Depository receipt Depository preferred Depository Institutions Deregulation and Monetary Control Act Depository Trust Company |
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