Non-bank place also called out-of-town place

In earlier documents, a place where either – no bank (branch) was located or – no central bank branch was located. Money shipments had to be handled here by the postal service. Bills of exchange issued to such secondary places enjoyed a special regime. – See banking center, money order.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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