Thus, banks can influence the development of industries and sectors economy allowing this development. Therefore, it is not with- all right. In this function of the credit lies with motion de neg on the scheme: "savings — investment". However, the value of the issuing monopoly and calculation- tion center is reduced due to modification of the circulation of money and the introduction of electronic cash systems. As part of Finance performs the same three functions that and Finance: • the formation of funds and the receipt of cash from the cash resources; • the use of funds and cash; • the control function.
Along with banks moving money in the markets imple- Directors carries out and other financial institutions: investment funds, insurance companies, stock exchanges, brokerage, dealership and D. The Foundation again is laid, and obtained loans serve as a source of financing of the next of the construction phase. In the Bank for the borrower offers special loan account — con tocurrent. Fee for the loan will be charged at the rates prevailing in the money market short-term loans and capital market — long-term Creux the dit. loan money on a call — loan of up to in demand- ment) is a short — term loan that is repaid on the first requirements the tion and, as a rule, is issued under the provision of securities and goods.
Medieval money-changing offices were predecessors ban cov, and the money changers — the predecessors of bankers; they took the cash nye deposits with the merchant for storage and specialized in money exchange different cities and countries. In temporary banking these operations are of great importance chenie, since the economic context of business entities in constantly expanding and globalized. Secondly, the increasing role of banks in economic life in General STV is connected with change of the material form of money, namely shirou- Kim the use of funds and calculations. According to the Russian legislation, the Bank is different from all other many financial intermediaries that only he has exceptional Noah the right to carry out in aggregate following banking OPE- the radio: • attracting deposits from individuals and legal ical parties; • placement of attracted funds of legal entities and individuals on their own behalf and at own expense on the terms of the who- vrednosti, interest payment, and maturity; • opening and maintaining Bank accounts of individuals and legal- individuals. Economic independence implies: • the freedom to dispose of own funds of the Bank and mobilization of resources; • free choice of clients and investors; • free disposal of the Bank's income. In practice, no such division, basic loan conditions Odie- nakova for taking credit for 1 year or 10 years. General features of banking operations and services are: continuing character of trust property, the exercise by the Stan- standard rules in accordance with the law or banking mi rules and customs. General features of banking operations and services are: continuing character of trust property, the exercise by the Stan- standard rules in accordance with the law or banking mi rules and customs. Call credit is as follows. Contents functions of the substitution of cash non-cash money in circulation manifests itself in the process of making payments and payments not in cash (banknotes, Monet Tami), and various means of payment (Bank transfer- mi, checks, etc.).