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What else can I help you with?
Commercial banks and their relationship with the reserve bank?
we take/borrow money from the commercial banks and the commercial banks take/borrow money from the reserve bank
Who do banks answer to - who regulates them?
The Federal Reserve regulates banks and the banking system.
How many national banks are there?
12; The National banks are also known as Federal Reserve Banks
Why did the Members banks must leave this with the Fed?
Reserve requirement
How many regional federal reserve banks are in the US?
12
Who borrows money from federal reserve banks?
All member banks of the Federal Reserve in USA can and do borrow money from the federal reserve. The Federal Reserve is the banker of banks to whom the banks go when they need money.
What acts as banks for banks?
federal reserve system
What part of the Federal Reserve System serves the daily needs of banks across the country?
Federal Reserve Banks
Commercial banks and their relationship with the reserve bank?
we take/borrow money from the commercial banks and the commercial banks take/borrow money from the reserve bank
How is federal reserve system affiliated with banks?
Actually the federal reserve system is not affiliated with any banks. The banks are affiliated to the federal reserve. The Federal Reserve is the central bank of the United States of America and it supervises/oversees the banking operations of all banks in USA. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds)
The federal reserve banks mainly do business with?
Other banks
Where is money sent after its made?
When money is minted, the first place it goes is the Federal Reserve. The Federal Reserve is like the ultimate lender. All banks get their money from the Federal Reserve.
What are the examples of a reserve account?
A reserve account is a financial account set aside to cover future liabilities or unexpected expenses. Examples include a loan loss reserve, which banks use to cover potential loan defaults, and a maintenance reserve in property management that funds repairs and upkeep. Additionally, insurance companies maintain reserves to pay future claims, while businesses may set aside funds in a contingency reserve for unforeseen operational costs.
Who do banks answer to - who regulates them?
The Federal Reserve regulates banks and the banking system.
Name the four organizational components of the federal reserve system?
Chairman, Board of Governors, District Reserve Banks, and Member Banks.
How many reserve banks in India?
branches of reserve bank in India
How many national banks are there?
12; The National banks are also known as Federal Reserve Banks
