12 CFR § 347.214 - Branch established under section 5 of the International Banking Act.

---
identifier: "/us/cfr/t12/s347.214"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 347.214 - Branch established under section 5 of the International Banking Act."
title_number: 12
title_name: "Banks and Banking"
section_number: "347.214"
section_name: "Branch established under section 5 of the International Banking Act."
chapter_name: "FEDERAL DEPOSIT INSURANCE CORPORATION"
subchapter_number: "B"
subchapter_name: "REGULATIONS AND STATEMENTS OF GENERAL POLICY"
part_number: "347"
part_name: "INTERNATIONAL BANKING"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1813, 1815, 1817, 1819, 1820, 1828, 3103, 3104, 3105, 3108, 3109; Pub L. No. 111-203, section 939A, 124 Stat. 1376, 1887 (July 21, 2010) (codified 15 U.S.C. 78o-7 note)."
regulatory_source: "70 FR 17560, Apr. 6, 2005, unless otherwise noted."
cfr_part: "347"
---


# 347.214 Branch established under section 5 of the International Banking Act.

A foreign bank may operate any state branch as a noninsured branch whenever the foreign bank has entered into an agreement with the FRB to accept at that branch only those deposits as would be permissible for a corporation organized under section 25(a) of the Federal Reserve Act (12 U.S.C. 611 *et seq.*) and implementing rules and regulations administered by the FRB (12 CFR 211).