2 years, 9 months ago
How does a bank move money into the federal reserve?
Does a bank buy a bond to move money back into the federal reserve?
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$1 Answer
They can place money on deposit with the Federal reserve just like you can place money on deposit with your bank. They have an account. Although they have massive powers, there is a superficial similarity between the Federal Reserve bank and other banks. They can write checks and accept them, and banks have accounts with them.
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$Report Abuse
