Do banks have enough CASH to cover bill gates money?does any bank have money to pay bill gates in cash?? | |
Do banks have enough CASH to cover bill gates money?does any bank have money to pay bill gates in cash?? | |
Well, in June 2007 the banks had 7 trillion in deposits. Let's say because of the money situation of the world it has gone down to what, 3 trillion (and this is a gross & non-educated exaggeration, in reality it may have gone up actually)
Bill Gates is around what, 60 billion? give or take.
So, yes, they do.
the bank always have money to cover almost everything, that's why when you request a loan, a mortgage, a auto loan, credit card they charge APR interest to have extra money to cover this kind of bill
Sure, if given enough advance notice.
banks are all devious crooks