receiving depository institution
Defined in 1 place of the United States Code.
The term “receiving depository institution” means the branch of a depository institution or the proprietary ATM in which a check is first deposited.
Source
- 1994–201812 U.S.C. § 4001Banks and Banking · Definitions · for purposes of this chapter
The term “receiving depository institution” means the branch of a depository institution or the proprietary ATM, located in the United States, in which a check is first deposited.
Source
- 2018–present12 U.S.C. § 4001Banks and Banking · Definitions · for purposes of this chapter