214k views
14 votes
What kind of rules must banks all over the world follow? Why?

User Teaqu
by
7.8k points

1 Answer

10 votes

Answer:The reserve requirement sets the minimum reserves each bank must hold to demand deposits and banknotes.

Cause Banks would be required to provide consumers a reasonable amount of time to make payments

Explanation: hope It helps!

User Derek Dysart
by
6.8k points