HighlandLawyer on Nostr: npub1g0tuf…3tvm4 Of course for businesses, the banks also skim off a percentage for ...

npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4) Of course for businesses, the banks also skim off a percentage for cash deposits too. OTOH for rural businesses, the cost of travelling to a bank, plus those fees, give a disincentive to bank cash anyway. And then there is a raft of "anti-money laundering" red tape which causes problems if such businesses save the cash until it is a large enough sum to be cost effective to bank.