What is a Foreign Capital Depository? A Foreign Capital Depository (FCD) in the United States is a financial institution chartered by a state or sovereign government to provide specified financial services to citizens and corporations of foreign countries. Qualified customers of a Foreign Capital Depository may deposit financial instruments with the Depository for safekeeping and/or investment as specified by the charter granted to the specific Foreign Capital Depository by the chartering state or sovereign entity.  An individual state or sovereign government regulates a Foreign Capital Depository by enactment of a law or Act that authorizes the creation of a Depository within the territory over which it has governmental control.  In the United States an FCD must also meet certain federal regulations with regard to monetary instruments and transactions to guarantee the legality of transaction. The regulations are enforced by such agencies of the federal government as The Department of the Treasury and the Securities and Exchange Commission. Foreign corporations controlled by citizens of the United States are not eligible to utilize an FCD in the U.S. To date none of these states has actually granted a charter for the operation of an FCD.  The Blackfeet Nation has issued a charter to Glacier International Depository, Ltd. to establish a Foreign Capital Depository on its reservation.