Bank Acceptances

234 per cent able abroad accommodation actually advance advantage affect American amount arrange assist balance bank acceptances bank deposits Bank of England bankers basis bearing become benefit better bills brokers call rate cent central bank charge commercial paper commission competing competition consideration count country bank demand depend deposits desire difference discount market discount rate documents drafts drawn employed English Europe European example exchange exists exporters fact financial centers fixed fluctuations foreign funds give gold Government immediate importer increase indicate injury instance interest investment issue keep latter loans London bank lose means ment method money rate move national bank act nature notes Paris payment position practice presents prime principal profitable prohibition providing purchases realize reasonable receive rediscount require reserve risk secure shipper speculation standing sterling stocks strength supply surplus tion trade transaction United usually York banks