imported>Doug Williamson |
imported>Doug Williamson |
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| ''Money - money supply - commercial banks.'' | | ''SWIFT.'' |
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| Commercial bank money means customers' deposits held in commercial banks.
| | An MT940 (or MT 940) is a standard structured SWIFT message. |
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| (Commercial bank money is contrasted with central bank money: physical bank notes and coins; and reserves in financial institutions' current accounts with the central bank.)
| | It is a end of day bank statement file which details all entries booked to bank account. |
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| Commercial bank money is created when commercial banks lend to their customers.
| | ==See also== |
| | *[[MT]] |
| | *[[MT102]] |
| | *[[MT942]] |
| | *[[SEPA]] |
| | *[[Society for Worldwide Interbank Financial Telecommunications]] (SWIFT) |
| | *[[XML]] |
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| When the customers use those loans to buy goods and services, the businesses that receive payment for the goods and services often deposit the money back into commercial banks.
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| Thus increasing the total amount of money in circulation.
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| == See also ==
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| * [[Broad money]]
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| * [[Cash]]
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| * [[Central bank]]
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| * [[Central bank money]]
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| * [[Commercial bank]]
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| * [[Deposit]]
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| * [[Loan]]
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| * [[M0]]
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| * [[M1]]
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| * [[Monetary policy]]
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| * [[Money]]
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| * [[Money supply]]
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| * [[Multiplier effect]]
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| * [[Narrow money]]
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| * [[Reserves]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Long_term_funding]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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| [[Category:Cash_management]] | | [[Category:Cash_management]] |
| [[Category:Financial_products_and_markets]]
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| [[Category:Liquidity_management]]
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