|
|
|
|
|
by PeterisP
4776 days ago
|
|
I'm not sure on the exact USA fed reserve rules, but typically when the interbank deals are cleared through a centralised system or a national bank (as opposed to mutual correspondent accounts common for international deals), then it does not honor ALL inter-bank transactions - they validate against the bank's capacity to pay (i.e., their deposits at that central bank), the overdrafts are limited and a bankrupt or malicious banking company can't do that much damage. In any case, if you fake a dollar in Bank A systems, then no matter where and how you withdraw or transfer it, it's a dollar that Bank A loses. |
|