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Glossary > E > "Edge corporations" Definition

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 an Edge corporation.

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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 an Edge corporation.

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 an edge corporation.