Depository bank
nouncandidate·updated May 9, 2026
The institution at which a check is first deposited. While this term is often used interchangeably with "depository," "depositary" is a term of art in laws and regulations related to check processing.
Framework senses
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- The institution at which a check is first deposited. While this term is often used interchangeably with "depository," "depositary" is a term of art in laws and regulations related to check processing.