Cash Management Case
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This is a case about an obsolete cash management problem that precedes interstate banking and problems in internal transfer of funds between corporate accounts.
From the Paper:"The underlying assumption of the case does not make sense. Nationwide branching has been available in the United States since the Regal-Neal Act gave states the right to opt out of nationwide branch banking within a limited period of time and Texas and Montana did so. In ..., Texas reversed its position and Montana is not relevant to this case. The obvious solution would be for the company to select a bank that had branches or correspondents..."
Cite this Case Study:
Cash Management Case (2008, December 01) Retrieved February 25, 2021, from https://www.academon.com/case-study/cash-management-case-127178/
"Cash Management Case" 01 December 2008. Web. 25 February. 2021. <https://www.academon.com/case-study/cash-management-case-127178/>