Almost the increasing banks hold money for the deposit from one or more banks located in great

Almost the increasing banks hold money for the deposit from one or more banks located in great commercial centres. They name these banks located in the centre their correspondents. The big banks have correspondents in New York, Chicago, Boston, and other big cities. [16] as business men hold money
On the deposit with banks to meet their checks, thus banks hold money for the deposit with other banks to meet their projects.