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Paperback Cash Accounts: Comptroller's Handbook (Section 201) Book

ISBN: 1503294242

ISBN13: 9781503294240

Cash Accounts: Comptroller's Handbook (Section 201)

CashEvery bank must maintain a certain amount of U.S. and foreign currency onhand. To avoid having excess nonearning assets and to minimize exposure tomisappropriation and robbery, each bank should establish a policy to maintaincash balances at the minimum levels necessary to serve its customers. Theamount will vary from bank to bank depending on anticipated needs ofcustomers, with a reasonable allowance made for unusual demands.

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