If I opened an account at, say, Wells Fargo in San Francisco in 1860, then sailed down to Los Angeles and wanted to withdraw money, how did the bank know how much I had in my account?
And the same question going back further, like with the Knights Templar.
Banks didn’t have branches back in the day. They were single location institutions. The idea of chains, businesses with multiple locations in general wasn’t a 19th century thing.
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