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Do they send the cash to the cash's regional reserve, or to the bank's regional reserve?
by zeckalpha 14y ago
Do they send the cash to the cash's regional reserve, or to the bank's regional reserve?
- shpiel 14y agoBusinesses take cash to local bank branches, which then take the cash to closest Federal Reserve branch. Most large cities have Federal Reserve branches even if they are not heads of the regions.