TY - BOOK ID - 84549515 TI - IMF Staff Papers : Volume 2, No. 2. AU - International Monetary Fund. AU - International Monetary Fund PY - 1952 SN - 1475500092 146398829X PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Aggregate Human Capital KW - Aggregate Labor Productivity KW - Banking KW - Banks and Banking KW - Currencies KW - Currency KW - Economic theory KW - Empirical Studies of Trade KW - Employment KW - Exports and Imports KW - Exports KW - Foreign Exchange KW - Foreign exchange KW - Government and the Monetary System KW - Imports KW - Income economics KW - Income KW - Intergenerational Income Distribution KW - International economics KW - International trade KW - Labor KW - Labour KW - Macroeconomics KW - Monetary economics KW - Monetary Systems KW - Money and Monetary Policy KW - Money KW - National accounts KW - Payment Systems KW - Personal income KW - Personal Income, Wealth, and Their Distributions KW - Regimes KW - Standards KW - Trade: General KW - Unemployment KW - Wages KW - United States UR - https://www.unicat.be/uniCat?func=search&query=sysid:84549515 AB - This paper discusses various foreign payments practices in the United States. Most foreign payments in the United States are, therefore, done along traditional lines in whatever manner. Several nontraditional practices, however, have developed in recent years as the result of trade and payments restrictions established by foreign Governments. The amount and type of exchange sold by the US banks to their customers are limited only, if at all, by regulations abroad or by the banks' own limitations. In making or receiving foreign payments, the US banks deal generally with three types of customers which are, in the order of their importance: exporters and importers, individuals or corporations desiring to make or receive nontrade financial payments, and speculators. Foreign payments for account of individuals are usually small individually however, in the aggregate, they represent an important function of the banks located in the larger cities with a considerable foreign-born population. ER -