Cash has a significant share

About the insignificant role of the central bank as an emission center is often indicated by the absence of a special unit in the main office (for example, the Bank of England). This function is increasingly seen as a technical and mainly concerns the bank's branches, dealing directly with a cash job, as well as the printer of banknotes. Monopoly is needed primarily to prevent abuse and to facilitate the single monetary policy. Proper organization's cash affects the amount of money, it affects the velocity of money, which characterizes the stability and sustainability of the currency. Scope of the use of cash in the economy is limited compared to the non-cash settlements and mainly uses them public. However, every company and organization of work without cash money supply also still can not live: in the first place, this is due to pay. In addition, companies and organizations can independently sell their products and services, while receiving the proceeds in cash. Also within the amounts established by law they can use the cash in the calculation of each other. Thus, the economy generated cash turnover, representing payments in cash. Since the emission center of the country is the central bank, it is using its regulatory documents regulates the movement of cash in the country, while commercial banks act as authorized agents for the cash (cash) service businesses. According to the established procedures for conducting cash transactions must include the following key provisions: - Businesses can have their offices in cash in the bank within a specified limit, the remaining money should be kept in bank accounts - If you want to pay cash wages or other company receives payments in their bank account, with cash should be used strictly for its intended purpose - Businesses can receive cash if the source of funds (free account balance or credit) - Excess fund established limits shall be allowed only in special cases provided in the regulations of the central bank (for example, in the days of salary payments). Category: METHODOLOGICAL FOUNDATIONS OF MONEY EMIS