The phrase "as depository" is correct and usable in written English.
It can be used in contexts where you are referring to a role or function of holding or storing something, typically in a formal or legal context.
Example: "The bank serves as depository for the funds collected from various investors."
Alternatives: "in the capacity of a depository" or "acting as a depository".
Switzerland, as depository for the conventions, acts as caretaker of the agreements.
"So instead of having to click on our site and then someone else's site, they're acting as depository of connected links".
To solve it, the potential entrants are considering how to issue other types of shares known as depository receipts but that is complicated by China's trading and capital restrictions.
The Institutional & Corporate Products segment includes services provided as depository of securities, as well as loans and listing of securities, data services and classification of commodities, and technological products.
The chemometric protocol VLAK was applied to predict improvement of the biological activity of pyrrolo-pyrimidine derivatives as anticancer agents, by using the NCI ACAM Database as depository of antitumor drugs with a known mechanism of action.
He is pioneering a trend towards marketing museums as places of entertainment rather than as depositories of crusty "accepted" works of art.His methods are aggressive, even by New York standards.
At times some large banks, which serve as depositories for part of the liquid balances of many of the smaller ones (including those that are not members of the Federal Reserve System) also find that demands converging on them are much greater than expected.
The story is plausible enough: temples often served as depositories for money and other valuables, and no libraries are known from the time of Heraclitus.
Despite the fact that books are primarily tools used as depositories for information, book lovers are capable of becoming surprisingly attached to them as objects.
But the city cannot use those smaller banks as depositories because the banks cannot afford the collateral necessary to protect deposits above $250,000, the FDIC insurance limit.
This is primarily because of the state-controlled banking system where, for instance, government-owned banks act as depositories for the compulsory savings of all employees.
