Test tube
1 Answer
sawali
Bank of Canada is responsible for money in circulation. Coins are struck at Royal Canadian Mint.
| 13 years ago. Rating: 0 | |
This I understand but how does the Bank of Canada distribute the money? Like do any institutions other than the Bank of Canada collect any fees, etc for this distribution ?. I would like to know this.
Banking institutions place their orders with B o Canada. That's how it flows into the mainstream.
Do the Banks get to charge Bank of Canada any fees(interest, etc.) for receiving the money and putting it into the mainstream?
Banks need money for their customers. No they don't pay fees for this purpose and neither do they receive fees from B O C.
Top contributors in Uncategorized category
Unanswered Questions
Nhà cái Lucky88
Answers: 0
Views: 6
Rating: 0
bet168vnblog
Answers: 0
Views: 10
Rating: 0
Nhà cái Mi88
Answers: 0
Views: 8
Rating: 0
qh88catering
Answers: 0
Views: 7
Rating: 0
Xocdia88ourtibet
Answers: 0
Views: 8
Rating: 0
dagathomococom
Answers: 0
Views: 8
Rating: 0
dagathomococom
Answers: 0
Views: 8
Rating: 0
dagathomococom
> More questions...
Answers: 0
Views: 8
Rating: 0