### Question
How does the law define foreign bank?


### Answer
Under *12 U.S.C. § 1813*, **foreign bank** is defined as:

> given to such term by section 1(b)(7) of the International Banking Act of 1978 [12 U.S.C. 3101(b)(7)].

#### Citation:
  - *12 U.S.C. § 1813*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

