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To make sure customers' demands for withdrawals can be met instantly

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Sedrick Sawayn

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2y ago
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Q: What is the purpose of requiring banks to keep a specific percentage of their deposits in hand in the vault?
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What is the purpose of requiring banks to keep a specific percentage of their deposits on a hand in the vault?

To make sure customers' demands for withdrawals can be met instantly


What is the purpose of requiring banks to keep a specific percentage of their deposits on hand in the vault?

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