Consequently, a sale of merchandise made by a retailer in Denver, Colorado, may obligate a bank in New York to pay ... its counterpart daily thousands of times over the country. Interchange credit cards have opened tip banks a new method of broadening their national banking services. ... such as the furnishing to their customers of accounting, data processing, loan and mortgage servicing, and the like.
|Title||:||State and Local Taxation of Banks, Parts I, II, III, and IV|
|Author||:||Board of Governors of the Federal Reserve System (U.S.)|