In 1946 church funding was cut off by a law curbing foreign currency transactions.
Later in the day, the bank said it would not slap limits on currency transactions.
It will continue to conduct currency transactions for its customers.
Foreign currency transactions of individual companies are translated at the rates ruling when they occurred.
Bad loans and foreign currency transactions led to the collapse of the bank.
Once upon a time virtually every currency transaction was backed by a physical trade of come sort.
The Government requires banks to report on currency transactions of $10,000 or more.
Some $1.3 trillion changes hands each day in foreign currency transactions.
One argument is that it would save up to $3 billion in currency transactions.
There is no specific location or exchange where these currency transactions take place.