[white_devil]

Now we're just being pedantic. My point was that each branch should have enough cash to act as a "proper bank", whatever amount of money you'd reasonably expect one to have in its vault.

But I'd sure expect more than 10k euro.

[burgerbrain]

If they barely had 10k in their vault, then it logically follows that they almost never need that much (otherwise they would obviously make it a point to keep more). If they rarely need that much, then it logically follows that somewhere at or less than 10k is a reasonable amount to have. There is no sense in taking the increased liability of having more if they don't need to.

Furthermore, acting as a "proper bank" means they do a lot more than just acting as your personal piggy-bank/mattress. If they have all their money tied up in cash, it means they can't actually be preforming real bank activities (investment).

[white_devil]

Fair enough. But basically me and a couple of other people on this thread wanted to point out that the banking system is not very sound.

I just chimed in with my anecdote.

[burgerbrain]

Your anecdote has more to do with the logistics of running a bank than it does with the soundness of banks though.

[white_devil]

That may be, but it doesn't affect how sound the banking system is.

You think this is enough nitpicking, or do you want to go on?