Bill circulation in the bank
Bill circulation exists in the economic life of various countries for several centuries. During this…

Continue reading →

Cayman Islands introduced new legislation to protect personal information
The Cayman Islands, like many other small island states whose main income is provided by…

...

Currency operations of commercial banks and their role in economic development
In the conditions of transition of the economy to market relations and the development of…

...

Interesting facts about the banks of the world
The more familiar word "bank" originated in Italy. The indigenous population gave usurers securities and…

Continue reading →

results

Banking empires of British origin are fading

The UK banking sector is not just an attractive destination for a successful entrepreneur, but also a strategically advantageous point on the financial map of the world for asset management. Money is flocking to key megacities of our planet, among which London is also listed, but in recent times it takes a lot of effort, money and time to remain a client of a London bank. Continue reading

Types of money

Money currently exists in the form of cash and non-cash money.
Cash exists in the form of coins, banknotes (credit money, bank notes) and treasury notes.
Sometimes cash also includes checks and plastic cards. However, checks and plastic cards only represent non-cash money in bank accounts. By themselves, they cannot perform all the functions of money and therefore are not cash. Continue reading