A deposit of $10,000 US by a French citizen in a Barclay's bank in London would be considered a Eurodollar deposit.

A. True
B. False

Any time that there is American dollars deposited into any bank in another country they are always considered Eurodollars. The exchange rate on this money is no different that what it would be and stays the same. American dollars can be put into any bank or foreign branch of an American bank.

However, when this money into put into a foreign bank account the Federal Reserve no longer regulates this money. The requirements for the reserve are also null and void.

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A deposit of $10,000 US by a French citizen in a Barclay's bank in London would be considered a Eurodollar deposit. A. True B. False

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A deposit of $10,000 US by a French citizen in a Barclay's bank in London would be considered a Eurodollar deposit.

A. True
B. False