Birmingham Banking Company
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Birmingham Banking Company
The Birmingham Banking Company was a bank that operated in Birmingham, West Midlands from 1829 to 1889, and as The Metropolitan and Birmingham Bank from 1889 to 1892, the Metropolitan, Birmingham and South Wales Bank from 1892 to 1893, and the Metropolitan Bank (of England and Wales) from 1893 to 1914, when it was acquired by the Midland Bank. History This joint-stock bank was established on 30 September 1829 in Birmingham. It was based upon the business of the Birmingham private bankers Gibbins & Lovell, established in 1825 by Joseph Gibbins and Edward Bourne Lovell, and initially traded from their premises in New Street. The bank built itself a headquarters in Birmingham at the junction of Waterloo Street and Bennetts Hill which was constructed in 1830 to the designs of the architects Thomas Rickman and Henry Hutchinson. They moved into this new building in 1831. It was altered in 1868 by Yeoville Thomason; and an extension in Bennetts Hill by Harris & Martin was added in 18 ...
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Midland Bank, Bennetts Hill
Midland may refer to: Places Australia * Midland, Western Australia Canada * Midland, Albert County, New Brunswick * Midland, Kings County, New Brunswick * Midland, Newfoundland and Labrador * Midland, Ontario India * Midland Ward, Kohima, Nagaland Ireland * Midland Region, Ireland United States * Midland, Arkansas * Midland, California * Midoil, California, formerly Midland * Midland, Georgia * Midland, Indiana * Midland, Kentucky * Midland, Louisiana * Midland, Maryland * Midland, Michigan * Midland, Missouri * Midland, North Carolina * Midlands of South Carolina * Midland, Ohio * Midland, Oregon * Midland, Pennsylvania * Midland, South Dakota * Midland, Tennessee * Midland, Texas * Midland, Virginia * Midland, Washington * Midland City, Alabama Railways * Buenos Aires Midland Railway, a former British-owned railway company in Argentina * Colorado Midland Railway, US * Florida Midland Railroad (other), US * Midland Railroad (Massachusetts), US * Midland Railway ...
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Bankers' Clearing House
Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form or digitally under a cheque truncation system. This process is called the clearing cycle and normally results in a credit to the account at the bank of deposit, and an equivalent debit to the account at the bank on which it was drawn, with a corresponding adjustment of accounts of the banks themselves. If there are not enough funds in the account when the cheque arrived at the issuing bank, the cheque would be returned as a dishonoured cheque marked as non-sufficient funds. History England Cheques came into use in England in the 1600s. The person to whom the cheque was drawn (the "payee") could go to the drawer's bank ("the issuing bank") and present the cheque and ...
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Defunct Companies Based In Birmingham, West Midlands
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Banks Disestablished In 1914
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Established In 1829
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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