In this recent economy we have witnessed some hardships financially and many other aspects now coming to say there is no money in the bank how possible is that can you imagine saying the river has no water? We are in the new year now huge sum of money have been signed by the government for projects but in a very short time they suddenly come out to say the country is running out of funds the country needs to borrow money from other countries the money signed in your own country where are they what is the duty of the bank in your country imagine a bank giving you the maximum amount you as a the account owner can withdraw from your own account sometimes I just feel like the bank isn't a safe place any more.
Come to think of it what if someone has a very serious score to settle for example someone who has health issue and needs money urgently then you go to the bank and they tell you there is no money in the bank for now so where does the bank want people to save their money if the bank at some times can be this disappointing should we go back to the system as at the old days where you bury your money or put them in your ceiling for safety please it's no joke anymore banks should try to be reliable as to gain trust from customers because many people are not comfortable with this system
OP do you mean to say there is no cash in banks to give out to customers or there is no money in banks? It is quite impossible for me to believe that there is no money in banks. Banks know how they manage funds put under their care, they know the percentage they can approve for loans to their customers and they also know what should be kept aside for individual and corporate withdrawals/transfers. It will be wrong on the side of the banks if they lend out everything and claim there is no money.
Again, the monetary policy of every country differs. This policy is what the government uses to promote economic growth in their country. They do this by controlling the volume of money in circulation. The Central Bank of a particular country can give directives to the banks to reduce or increase what they give out so there will be a balance in the economy.