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It also means teachers don't have to worry about collecting or storing cash.
NEGATIVE interest rates as floated by Paul Tucker, a deputy governor of the Bank of England, on February 26th sound scary: nobody wants to be charged for storing cash in a bank.
Collecting and storing cash has been problematic.
They were occupied by people's storing cash.
Without impatience bankers would just be static strongboxes for storing cash.
One hopeful, the "smart card"–a credit card encrusted with a microchip storing cash value that can be zapped from card to merchant has made little headway in the U.S., despite some success in Europe.
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The card, a debit card, stores cash as well as airline miles and foreign currency.
Many people simply store cash at home, depriving the economy of its lifeblood.
Until last September, money market funds had been deemed a safe place to store cash.
The Vastberga facility stores cash that is transported to banks and other businesses in Sweden.
But there are other factors that make the UK an attractive place to store cash, particularly for private investors.
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CEO of Professional Science Editing for Scientists @ prosciediting.com