reserve bank

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Related to reserve bank: Federal Reserve Bank
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  • noun

Synonyms for reserve bank

one of 12 regional banks that monitor and act as depositories for banks in their region

References in periodicals archive ?
It is important for consumers to know that, when making online or e-check bill payments, they must not use Federal Reserve Bank routing numbers.
The Reserve Bank announced last year that it would review the Exchange Settlement Account System (ESAS) and NZClear Securities Settlement System (NZClear) that it owns and operates.
The Federal Reserve Act requires each Reserve Bank to be governed by a nine-member board--three Class A directors elected by member banks to represent their interests, three Class B directors elected by member banks to represent the public, and three Class C directors that are appointed by the Federal Reserve Board to represent the public.
The Board also approved an action by the Board of Directors of the Federal Reserve Bank of St.
The step announced today will help the Reserve Banks reduce our check service operating costs in line with the continuing shift in consumer and business preferences for electronic payments," said Gary Stern, chairman of the Reserve Banks' Financial Services Policy Committee and president of the Federal Reserve Bank of Minneapolis.
To the right of Bernard was William McDonough, president of the Federal Reserve Bank of New York, the Vice Chairman of the FOMC, and a permanent member of the Committee.
Paredes is one of several employees who takes visitors on tours at the Los Angeles branch of the Federal Reserve Bank of San Francisco, at 950 S.
The Reserve Bank had previously suggested that entry would be restricted to banks with 1% less in nonperforming assets, or bad debts, than the industry average.
Cincinnati, Ohio, was appointed chairman of the board of the Cincinnati Branch of the Federal Reserve Bank of Cleveland for 2013.
cannot, without the prior approval in writing from the Reserve Bank of India, grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets except as notified in the Reserve Banks directions.
If a total stranger contacts you and offers a large sum of money in return for paying a small fee, then they're most likely trying to rip you off," a Reserve Bank spokesperson said.
The Board is providing earlier-than-usual notice of the amendments to the appendix A routing symbol lists under the Federal Reserve Bank of Cleveland because these amendments differ from earlier announcements.
The Reserve Bank of India has, on a review, decided to extend the date for the public to exchange their pre-2005 banknotes till June 30, 2016.
The Reserve Bank has issued a warning against fraudsters who are using the Reserve Bank's name in an effort to make their scam appear genuine.
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