Delaware Administrative Code
Title 5 - Banking
900 - Regulations Governing Business of Banks and Trust Companies
904 - Exceptions to Tying Restrictions
Section 904-2.0 - Exceptions to statute
Universal Citation: 5 DE Admin Code 904-2.0
Current through Register Vol. 28, No. 3, September 1, 2024
Subject to the limitations of paragraph 3.0 of this Regulation, a bank may:
2.1 Safe harbor for combined-balance discounts. Vary the consideration for any product or package of products based on a customer's maintaining a combined minimum balance in certain products specified by the bank (eligible products), if:
2.1.1 The bank offers deposits, and all such deposits are eligible products; and
2.1.2 Balances in deposits count at least as much as nondeposit products toward the minimum balance.
2.2 Safe harbor for foreign transactions. Engage in any transaction with a customer if that customer is:
2.2.1 A corporation, business, or other person (other than an individual) that:
2.2.1.1 Is incorporated, chartered, or otherwise organized outside the United States; and
2.2.1.2 Has its principal place of business outside the United States; or
2.2.2 An individual who is a citizen of a foreign country and is not resident in the United States.
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