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"To the POVN" by Elviis
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Vindex Central Bank
3rd Party Banking Cooperation in Paying Out Bondholders Report
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After thorough investigation by the Vindex Central Bank, the method by which debt payments are made out to government bondholders has been found to be largely unimportant so long as that method is in the form of immediately redeemable demand
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deposits. In line with these conclusions, it is more than plausible, even convenient from a execution-based and business-encouraging policy standpoint, for the Vindex Central Bank to make use of 3rd party banks to pay out bondholders
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regardless of whether or not that creditor is online at that given moment. From that point onward, the investor may be able to withdraw their received interest and principal irregardless of whether or not associates of the Vindex Central Bank are online.
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Because of this largely similar impact between using a 3rd party bank and using internal Central Bank operations to pay out bondholders, coupled with the convenience associated with the former, it is in the bank's best interest to cooperate with
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privately-held and 3rd party banks to do so, that is, if given permission to do so. The Department of the Treasury and Administration of the President permissing, the central bank will begin plans to use this method.