Recent experience has shown, he said, that banks need reserves at the current level to cover day-to-day transactions.

In addition, credit insurance can also cover single transactions or trade with only one buyer.

Moreover, the deduction is retroactive to cover transactions since the beginning of 1991.

A small company gets a big patent covering financial transactions from home computers.

It is called the current account as it covers transactions in the "here and now" - those that don't give rise to future claims.

Those "covering" transactions can push stock prices higher.

Certificates cover accounting transactions made in each calendar month and are issued on or about the 12th day of the following month.

The total amount of withdrawals also covered checks, wire transfers and other commercial transactions.

Pseudonyms must be available for legitimate use but not be allowed to cover illicit transactions.

"But people only keep enough intis to cover daily transactions."