Either/or Facility

Either/or Facility
A formal understanding allowing customers of banks to borrow domestic dollars by approaching the head office of a bank or Eurodollars from a foreign branch of a bank.

Related posts:

  1. Note Issuance Facility (NIF)
  2. International Banking Facility (IBF)
  3. Money Market Investor Funding Facility – MMIFF
  4. Swingline Facility Definition
  5. Multi-Option Financing Facility

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