Cash that a bank keeps in its vault for daily transactions, such as check cashing or cash withdrawals. It is considered part of a bank's reserve obligation to the Federal Reserve Bank.
Related information about vault cash:
- What is vault cash? definition and meaning
Definition of vault cash: Cash that a bank keeps in its vault for daily transactions, such as check cashing or cash withdrawals. It is considered part of a bank's ...
- Vault Cash - Financial Dictionary - The Free Dictionary
Cash kept on hand in a depository institution's vault to meet day-to-day business needs, such as cashing checks for customers; can be counted as a portion of ...
- Vault Cash / Cash Management | ATM Marketplace
Efficient vault cash management is a critical component of managing an ATM fleet. This Research Center focuses on best practices for cash management and ...
- How Closely Do Banks Manage Vault Cash? - St. Louis Fed ...
The role of vault cash for nonmember banks and thrifts is more complex than that ... were imposed and vault cash presumably was held solely to meet customer ...
- Vault Cash: Definition from Answers.com
Vault Cash Cash in a bank's vault that is used for day-to-day business needs, such as cashing checks for customers.
- Vault cash - AmosWEB
Paper bills and metal coins kept in bank vaults or elsewhere in banks (such as teller drawers). Vault cash is used, quite literally, to "cash" checks and otherwise ...
- Reserve requirement - Wikipedia, the free encyclopedia
A depository institution can satisfy its reserve requirements by holding either vault cash or reserve deposits. An institution that is a member of the Federal ...
- ATM Vault Cash Services | Elan
As a leading provider of ATM vault cash, Elan can obtain directly from the Federal Reserve and eliminate many of the fees associated with other programs.