Central bank accounts are accounts held by commercial banks and other authorized financial institutions directly with a nation’s central bank. These accounts facilitate interbank settlements, reserve management, and the implementation of monetary policy. They serve as the foundation for a country’s payment system infrastructure. Access to these accounts is typically restricted to regulated entities.
Context
The concept of central bank accounts is central to discussions surrounding central bank digital currencies and their potential impact on commercial banking models. Debates persist regarding whether individuals should have direct access to such accounts or if intermediated access through commercial banks is preferable. Policy decisions in this area will reshape financial systems.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
