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Foreign Banks & Representative Offices

Foreign BankForeign banks are permitted by Texas law to conduct banking operations through a branch, an agency, or a representative office. In 1985 and 1995, respectively, the Department was authorized, though not mandated, to examine foreign bank agency offices and representative offices. Foreign bank offices in this state are divided into classes and ranked in ascending order as: (1) representative office; (2) agency office; and (3) branch. The Department issues a license for these operations and then conducts on-site examinations of their activities jointly with the Federal Reserve Bank of Dallas.

 

Foreign Banks & Representative Offices: Getting Started

Forms for Foreign Banks
All available forms for Foreign Banks in Texas

Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks Information (FFIEC)
This report collects balance sheet and off-balance-sheet information, including detailed supporting schedule items, from all U.S. branches and agencies of foreign banks.

Quarterly Report of Nonrelated Liabilities and Pledged Assets
Each foreign bank that maintains a Texas state branch or agency must report assets pledged and additional deposits.

 

Regulations Governing Foreign Banks & Representative Offices

The Law & Guidance Manual includes select statutes, rules, legal opinions, supervisory memorandums, and regulatory guidance applicable to foreign banks and representative offices.

 

Communication with the Department

Authorized Contact & Email System (ACES)
To add, change, & review contact information for your financial institution. Password required. To get set up for ACES, send an email .

 

ZIX Secure Message Center
To send/retrieve secure messages to/from the Department of Banking. First time users should review the ZIX Instructions before beginning.

File a Complaint
How to file a complaint against a foreign bank or representative office.

Ombudsman
Boards of directors or executives of foreign banks can file a request for reconsideration of examination finding (REF).

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