International Banking Act
Back to Finance Glossary | Previous PageThe International Banking Act is a law passed by the U.S. Congress in 1978 that brought foreign banks operating in the United States under federal regulation.
The International Banking Act required foreign banking offices taking deposits from the public to post reserve requirements and allowed them to apply for federal deposit insurance coverage.
Latest Articles Related to International Banking Act
Back to Finance Glossary | Previous Page
This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.