TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

international banking facility [1 record]

Record 1 1998-07-07

English

Subject field(s)
  • Banking
DEF

International branch of a bank in a kind of internal free-trade zone in the U.S., which allows banks to engage in international banking without some of the usual restrictions facing domestic banks. Those restrictions from which IBFs are exempt include reserve requirements, payment of certain insurance premiums, and special relief from state tax.

French

Domaine(s)
  • Banque

Spanish

Campo(s) temático(s)
  • Operaciones bancarias
Save record 1

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