How did multiple bank branches of the same institution maintain an individual’s balance prior to electronic banking? 1.03K viewsMay 14, 2024EconomicsOther Question100.55K May 13, 2024 0 Comments What would stop people from withdrawing money from multiple banks and over drawing before all bank branches could be updated on the person’s balance? In: Economics 16 Answers ActiveNewestOldest Anonymous Posted May 14, 2024 0 Comments A really long time ago this wasn’t an issue even for current accounts, at least in the US, because states either didn’t allow branch banking at all or severely limited the number of branches any one bank could have. You are viewing 1 out of 16 answers, click here to view all answers. Register or Login
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