Suppose Brian receives a check for $100 from a bank in Atlanta.He deposits the check in his account at a Dallas bank.The Dallas bank will most likely collect the $100 directly from the

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The Dallas bank will most likely collect the $100 directly from the Dallas regional Federal Reserve Bank, which handles the transactions of member banks in the district. The Federal Reserve Bank in Washington and the Board of Governors do not directly handle individual bank transactions, and the FOMC (Federal Open Market Committee) is responsible for setting monetary policy, not transaction processing.

Suppose Brian Receives a Check for $100 from a Bank