3 ms·
What if I told you that some financial institutions could move money off to some temporary location where it sits for a few hours, then move it back. Since this
by logicalmind 7y ago
What if I told you that some financial institutions could move money off to some temporary location where it sits for a few hours, then move it back. Since this money sits elsewhere for this time, it doesn't count towards their regulatory ratios.
- cm2187 7y agoIn theory you are supposed to comply with your regulatory ratios at all time. The excess over these regulatory minimums can fluctuate, but if you are in breach, you need to notify the regulator.
- logicalmind 7y agoThis is a service provided by the regulator... https://www.frbservices.org/resources/central-bank/faq/excess-balance-account.html https://www.frbservices.org/resources/central-bank/faq/exces...