This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1856 Excerpt: ... England, all these receipts and payments would be made in cheques, each having probably odd shillings and pence. From this cause, the trouble and expense to a bank of conducting a current account is much greater in England than in Scotland. A few years ago an attempt was made to form a bank, to be called the Dunedin ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1856 Excerpt: ... England, all these receipts and payments would be made in cheques, each having probably odd shillings and pence. From this cause, the trouble and expense to a bank of conducting a current account is much greater in England than in Scotland. A few years ago an attempt was made to form a bank, to be called the Dunedin Bank of Scotland. One of the advantages it held out to the public was the adoption of the English system of drawing cheques for individual payments. The advantages of this system are pointed out in the following terms: --"Another prominent feature of the proposed institution, is the proposal to take in and pay out for customers 'any sum, however small.' Though troublesome to the bank, such a measure must be of incalculable convenience to parties dealing with it. Here, again, there is nothing absolutely new, as such a practice must, more or less, exist wherever there are cash accounts, forming, as it does, the essential element of such transactions. In the Dunedin Bank it is intended to extend the principle to its widest limit; in which case only its fullest benefits can be felt. Most banks are unwilling to arrange transactions of trifling amount, and, in consequence, their customers cannot follow up any determinate method of settling their accounts in that way. Without a universal and indiscriminate system of payment, however inconsiderable they may be, it is obvious that the practice of honouring larger drafts--and those only for sums of so many pounds in exact number--the operation of settling accounts in this manner is at best of a mixed description, and does not afford the whole advantages to be derived from it. Were the principle adopted in its full extent, the bank would, in reality, become general cashier for their customers; and the...
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Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Publisher:
Effingham Wilson, Royal Exchange and Westley and Davis, Stationer's Court
Published:
1834
Alibris ID:
13678958456
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Seller's Description:
Very Good. No Jacket. Brown leather boards with gold gilt are worn and the edges are a little frayed. the book has no inscriptions and the binding is excellent. a small price has been crossed through rather aggressively in ink on the front end page. there are age related marks and light foxing. 126 pages. a well preserved copy of this rare title. the condition is given in terms of the book's age.
