Comment on Dwolla is going to eliminate ACHComments−kfcm14yHere's a question for those in the banking world:How would near-real-time payments impact a bank's reserve requirements?−PeterisP14yFrom the mandated reserve requirements point, not at all. From the practical liquidity point, the bank's treasury dept might need to keep a bit more cash in hand, and would earn less on 'float', so they won't be happy, but that's as intended.
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Here's a question for those in the banking world:
How would near-real-time payments impact a bank's reserve requirements?
From the mandated reserve requirements point, not at all. From the practical liquidity point, the bank's treasury dept might need to keep a bit more cash in hand, and would earn less on 'float', so they won't be happy, but that's as intended.