insured depository institution under the Federal Deposit Insurance Act (12 U.S.C. 1811 et seq.); and(6) Any agency or branch of a foreign bank as defined in section 1(b) of the International Banking Act, as amended (12 U.S.C. 3101).(m) Individual means a natural person.(n) Recipient means an individual, corporation, or other public or private entity that is authorized to receive a Federal payment