Where do banks store their money?
So, banks (depending on the size of the bank) probably have billions of €, $, £, ¥ etc etc of people's wealth which they store and use for their own financing etc etc.
but where is it all stored? Wouldn't all the electronics be linked to some giant deposit of physical money?
yeah, to some of the answers, I am not talking about the bank down the road where you get your cash from. I on the mean the big corporation level.
Okay, I get it now. Of course, they lend their money out, that's how a bank works isn't it.
Individual banks have vaults to hold what cash they need to do business. The bulk of cash that banks possess are in nondescript, undisclosed locations that have extremely high security.
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