Card freshs 10-30-2002 Banks Can...

Card freshs

10-30-2002

Banks Can Win Big according to Better Defining Cash Needs

ISSN: 08940797
Publication Date: 10-30-2002
Page: 1
Type: Periodical
Language: English

By view Johnson

When a customer -- whether a consumer or a large commercial account -- wants cash, the bank must be able to provide it or risk losing that customer. Traditionally, financial institutions have kept large amounts of extra cash in succession hand, "just in case." That's the safe approach, unless it isn't very efficient. With exces cash sitting around in the vault, doing nothing unless gathering dust, the bank may be forfeiting

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