What are the security procedures undertaken by a bank?
I want to know that what are the security procedures undetaken by a bank and how much cash is available in it?I also want to know that what are the penalty charges for robbing a bank?
bank best answer:
Answer by Jason K
the penalty is castration
bank
Chinese banknote issued by American bank
Image by Canadian Pacific
For many years, hundreds of banks, both local Chinese and foreign ones, issued China's paper banknotes. This phenomenon only stopped in the 1920s.
One American bank that issued China's paper currency was the International Banking Corporation (IBC), which was founded in 1901 in Connecticut and opened a network of branches in China and Hong Kong in 1902. In 1915, National City Bank of New York (today's Citigroup/ Citibank) took over IBC. When China became a Communist country in 1949, all foreign banks were kicked out, but Citibank continued to operate in British Hong Kong.
More on the history of IBC here:
bankingmergers.blogspot.ca/2013/09/united-states-bank-mer...
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