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Edge corporations

• Specialized banking institutions, authorized and chartered by the Federal Reserve Board in the U.S., which are allowed to engage in transactions that have a foreign or international character. They are not subject to any restrictions on interstate banking. Foreign banks operating in the U.S. are permitted to organize and own and Edge corporation.

 
 

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 Embedded terms in definition
 Corporation
Federal reserve board
Foreign
Reserve
Subject
U
 
 Related Terms
 Edge act corporation

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