Can a foreign bank branch keep its CED account at own subsidiary bank?

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1189730

2026-05-18 23:21

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Yes, a foreign bank branch can maintain its CED (Current Account with External Deposits) account at its own subsidiary bank, provided that it complies with the regulatory requirements of the host country. This arrangement is subject to local banking laws and regulations, which may dictate the conditions under which such accounts can be held. It's essential for the foreign bank branch to ensure transparency and adherence to any applicable compliance standards.

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