Almost all banks hold money for the deposit in other banks in the big commercial centres for

Almost all banks hold money for the deposit in other banks in the big commercial centres for example, in New York or Chicago. They name these banks their New York or Chicago correspondents. The bank account - simply check of bank which is catching up it the deposit with some other bank. (See an illustration, p. 245). Banks sell these checks to their clients, and dealers do big use of them in creation of remittances from one part of the country to another. These projects or checks of cashiers as they [247] are sometimes named, pass as cash somewhere within limits distances of the centre of money on which they
The delayed.
BILLS