Most banks in the United States use money boxes for transporting money inside and outside of their safes. It is the most secure way to transport large sums of money from one bank to another.
Poor monitoring by the US of the banks lead to banks loaning money to people that were not able to pay them back. And/or interest rates went up and many were not able to pay and the US banks were not making money. Now the banks don't have as much money to loan to people and no one has money. Most banks in the world are tied into the US banks and so they have less money too. also, tony Blair and George Bush had tea with kim jong il :)
Yes - Banks usually have a foreign exchange counter.
My understanding is that the US has not adopted the IBAN system and won't until 2010. Some US banks are in the SWIFT network which makes it easier to receive international wire transfers. The remaining US banks require the use of corresponding banks for receiving international wire transfers (and have just a routing number). More money disappears from the wire amount in fees when there is no SWIFT code.
He had the money deposited in various state banks.
Banks collect old or damaged bills and send them to the US government for destruction.
most local banks
Banks, just like the rest of us.
in the bank.
No, US banks do not use IBAN numbers for international transactions. Instead, they use a system called the SWIFT code to identify banks during international transfers.
No, US banks do not use IBAN numbers for international transfers. Instead, they use a system called SWIFT codes to identify banks and facilitate international transactions.
Rich people use "depositor" banks the same way the rest of us use banks.
The US Postal Service offers free boxes. These are restricted to use through the USPS.