Excerpt from A Bee Among the Bankers: Part I, How to Increase Your Deposit Rate, and Reduce Your Charges Upon Your Current Account; Part II, the Australian, African, and Indian Banks in London
But there is a more serious side of the question. We see, from this note, that a Cl... earing bank (joint-stock) makes quite private arrangements with its depositors. Now, is this fair to the rest? And do the Others act in a similar manner when any special advantage is to be gained thereby? I do not suppose that the outsider could walk into the bank and make terms with the cashier; but, possibly, had he a very large sum to leave, he might get a special rate; and, again, did the bank want his current account, as in the above instance, it might do something quite private and underhand in order to Obtain it.
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