<p>If we talk about a run on one bank, I think it's the other way around. Back then, people need to stand in line and wait for their queue to take their money out of the bank (and deposit it to another bank). Now they can transfer their money from anywhere and anytime. So I think the risk of a run is greatly increased.</p>

CC BY-SA 4.0
2020-03-18T16:32:27.093Z
Good point! My question was more about a general run on the banks. Will update question.
lcharbon
CC BY-SA 4.0
2020-03-18T22:06:29.207Z
Is there any empirical evidence for this conjecture?
Giskard
CC BY-SA 4.0
2020-03-18T02:19:02.603Z
2020-03-18T02:19:02.603Z
Art
<p>Is the risk of a <strong>general</strong> run on the banks greatly reduced now that most transactions are done electronically?</p>

<banking>
Run On The Banks Age of Credit Cards
lcharbon
# Run On The Banks Age of Credit Cards

(Asked by: username_0 on 2020-03-17)

Is the risk of a **general** run on the banks greatly reduced now that most transactions are done electronically?

**Tags:** banking


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## 1 answers

### Answer by username_1 on 2020-03-18. Score: 2

If we talk about a run on one bank, I think it's the other way around. Back then, people need to stand in line and wait for their queue to take their money out of the bank (and deposit it to another bank). Now they can transfer their money from anywhere and anytime. So I think the risk of a run is greatly increased.

> **Comments:**
> **username_0**: Good point! My question was more about a general run on the banks. Will update question.  
> **username_2**: Is there any empirical evidence for this conjecture?  

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