Interstate banking and the payments syst
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Allen N. Berger; David B. Humphrey
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Article
📅
1988
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Springer
🌐
English
⚖ 883 KB
Interstate banking will improve the efficiency of the payments system. This will occur because the number of handlings for multiple-bank payments (transit items) will fall and because some multiplebank payments will be transformed into single-bank payments (on-us items). These effects are simulated