answersLogoWhite

0


Best Answer

the function was to provide a safe place to keep government funds and it could also issue paper money as the currency.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What was one function of the national bank?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What was the primary function of the second national bank?

The primary function of any bank is to make a profit


What is the function of the international bank?

Q:describe the function of the international bank ?


Functions of exchange bank?

most of the time the commercial bank is the only one who exercises exchange function that dont have those rural banks,cooperative banks and etc.Commercial bank also is one who is qualify for applying for universal bank because it has alot of function aside from exchange function but they have also loan discount function ,collection,fiduciary and trust function.


What is the function of NABARD in India?

NABARD stands for the National Bank for Agriculture and Rural Development. The function of this establishment is to mandate the flow and promotion of agriculture in India.


When was First National Bank South Dakota created?

The First National Bank was founded in 1858. Now, a nationally historic building in Philadelphia, Pennsylvania. One of the oldest American financial institutions.


Which national banks can one get advice for help with mortgage payments?

One can get help with mortgage payments at many national banks. Such banks include First National Bank, RBC (Royal Bank of Canada), Amarillo, Woodforest, MNB Bank and Trustmark.


What was the function of the first national bank?

the function was to provide a safe place to keep government funds and it could also issue paper money as the currency. :D


Where is the Philippine National Bank in Sydney?

There isn't one.


What was one benefit that the National Bank provided to the country?

A more stable national economy


Is a Bank of England worth anything?

There is only one Bank of England, it is the national bank of the UK. At present it survives.


Is Credit One Bank a national bank?

Yes, Credit One Bank is a national bank. It is based in the United States and operates nationwide, providing various financial services including credit cards and banking services to customers across the country.


Do you have to bank with First National Bank?

Only if you want First National Bank to be your bank.