Standard Industrial Classification Code 6081 - Branches and Agencies Of Foreign Banks
Are you searching for the SIC Code 6081 - Branches and Agencies Of Foreign Banks?
Get information about this Standard Industrial Classification (SIC) Code and its related General Liability, National Council on Compensation Insurance (NCCI) and Standard Industrial Classification (NAICS) codes.
The SIC Code 6081 - Branches and Agencies Of Foreign Banks. Learn more about the SIC 6081 in the Finance, Insurance, and Real Estate sector and its related General Liability, NCCI, and NAICS codes.
What Is The Description Of The SIC Code 6081?
The description for the SIC Code 6081 - Branches and Agencies Of Foreign Banks in the Finance, Insurance, and Real Estate sector is:
Establishments Operating As Branches or Agencies Of Foreign Banks Which Specialize In Commercial Loans, Especially Trade Finance. They Typically Fund Themselves Via Large Denomination Interbank Deposits, Rather Than Through Smaller Denomination Retail Deposits. Federally Licensed Agencies Of Foreign Banks May Not Accept Deposits. Federal Branches May Accept Deposits; However, If They Choose To Accept Deposits In Denominations Of $100,000 or Less, Federal Deposit Insurance Is Required. Establishments Which Are Owned By Foreign Banks But Primarily Engaged In Accepting Retail Deposits From The General Public In The United States Are Classified In Industry Group 602- agencies Of Foreign Banks
- branches Of Foreign Banks
SIC Code 6081 - The Bottom Line
The Standard Industrial Classification SIC Code for Branches and Agencies Of Foreign Banks in the Finance, Insurance, and Real Estate is 6081.
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