BANK OF GHANA - NOTICE TO BANKS, NON-BANK FINANCIAL INSTITUTIONS AND THE GENERAL PUBLIC
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As f iscal agents of the United States, the Reserve Banks function as the U.S. government’s bank and perform a variety of services for the Treasury, other government agencies, government-sponsored enterprises, and some international organizations. Often the f iscal agent services performed by the Reserve Banks are the same, or similar to, services that the Reserve Banks provide to the banking system. Services performed for the Trea- sury include maintaining the Treasury’s bank account; processing pay- ments; and issuing, safekeeping, and transferring securities. Fiscal services performed for other entities are generally securities-related. The Treasury and other entities reimburse the...
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