{"data":{"id":"us/12-cfr-347.214","jurisdiction":"us","citation":"12 CFR 347.214","heading":"Branch established under section 5 of the International Banking Act.","body":"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).","path":["Title 12—Banks and Banking","CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION","SUBCHAPTER B—REGULATIONS AND STATEMENTS OF GENERAL POLICY","PART 347—INTERNATIONAL BANKING","Subpart B—Foreign Banks"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"2904bc98c839fad1e1f308da6ada4ae32787c8aae4b00602af51cb1a44aefee4","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-347.213","next":"us/12-cfr-347.215"},"notice":"GroundRules: Original legal text. Not legal advice."}