Cash could be put into the service using a credit card, bank wire, postal money order or other money transfer service.

BBC: Liberty Reserve

Sure, I could have gone to my bank and deposited the money order but this was now a quest, a stupefying investigation into the true costs of money transfers.

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FIIs must use special non-resident rupee bank accounts, in order to move money in and out of India.

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Shortly after, the Swiss central bank announced it was cutting rates and injecting money in order to control the Swiss franc, appreciating strongly given European weakness.

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What also matters is whether so-called resolution procedures - emergency action when a bank gets into difficulties to break the relevant bank up, in order to protect depositors and the money transmission system - are perceived to be so robust as to minimise the potential for financial crisis.

BBC: Sants: We wanted banks to hold more capital

But they will also encourage people to shift savings from bank deposits and bonds into the stockmarket, and even to borrow money in order to buy shares.

ECONOMIST: Kicking the young and the poor

Political forces may be forcing the Bank of Japan to loosen dramatically in order to bring down the yen in line with the other big easy-money regimes.

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