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by dredmorbius 1189 days ago
What is your evidence or basis for claiming that banks settle transactions in physical Federal Reserve Notes?

Because whatever it is, it's a figment of your, or someone else's, imagination. Bank settlements typically occur via SWIFT: <https://en.wikipedia.org/wiki/SWIFT> <https://www.investopedia.com/articles/personal-finance/05051...>

The preferred form of a large-denomination withdrawal from a bank will either be a chashier's check or a wire transfer in virtually all cases.