ECCB Communications Workshop for ECCU Media Practitioners

VAULTS IN THE COUNTRIES

Commercial banks in the Eastern Caribbean Currency Union request currency from the ECCB weekly.

• -Commercial banks issue currency to the public • -Public spends currency at businesses • -Businesses deposit to the commercial banks

• -Commercial banks receive currency in deposits from the public • -Commercial banks separates currency based on their condition

• -Commercial banks reissue currency to the pubic • -Commercial banks redeem currency to the ECCB