The target account used by a bank's money manager to keep legal reserves at the level required by law is the vault-cash account.

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The target account used by a bank's money manager to keep legal reserves at the level required by law is typically the reserve account at the central bank, not the vault-cash account. Vault cash can be part of a bank's legal reserves, but the primary account for managing required reserves is the reserve account held at the central bank.

The Target Account Used by a Bank's Money Manager to Keep