View Full Version : Has anyone tried redeeming FRNs for Treasury notes or bonds from a bank?
shikamaru
09-09-12, 10:57 AM
Just wondering :).
David Merrill
09-10-12, 02:05 AM
Good question. I read a convincing account that the Federal Reserve banks no longer even speak to citizens from the general public. I will guess that "state" banks will only hand you Federal Reserve notes.
shikamaru
09-10-12, 09:51 PM
Good question. I read a convincing account that the Federal Reserve banks no longer even speak to citizens from the general public. I will guess that "state" banks will only hand you Federal Reserve notes.
You can still make the demand for lawful money in US Treasuries, right? :)
So long as you have documentary proof of the demand when passed to the bank.
Make the record :).
David Merrill
09-10-12, 10:04 PM
You can still make the demand for lawful money in US Treasuries, right? :)
So long as you have documentary proof of the demand when passed to the bank.
Make the record :).
Of course!
You can make a demand for a Christmas tree in July too.
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