..... reserves must be held in the form of vault cash and if vault cash is insufficient, also in the form of a deposit with a Federal Reserve Bank; an institution that is not a member of the FRS can maintain that deposit directly with a Reserve Bank or with another institution in a pass-through relationship.

..... reserves must be held in the form of vault cash and if vault cash is insufficient, also in the form of a deposit with a Federal Reserve Bank; an institution that is not a member of the FRS can maintain that deposit directly with a Reserve Bank or with another institution in a pass-through relationship. (*) Anticipated (*) Demand (*) Limit (*) Required


This is a companion discussion topic for the original entry at https://english.best/questions/10091,___-reserves-must-be-held-in-the-form-of-vault-cash-and-if-vault-cash-is-insufficient-also-in-the-form-of-a-deposit-with-a-federal-reserve-bank-an-institution-that-is-not-a-member-of-the-frs-can-maintain-that-deposit-directly-with-a-reserve-bank-or-with-another-institution-in-a-pass-through-relationship/