NOMISMA

Account

口座 / bank-account — Institutions

A record of money deposited in a bank. The balance figure is a debt the bank owes to you.

Greece — Sixty Euros a Day / Queues at the ATM
Greece Sixty Euros a Day / Queues at the ATM

Banknotes in a wallet are a liability of the central bank; an account balance is a liability of a commercial bank. ⚠ Even for the same 10,000 yen, what protects it in the event of a failure changes depending on whose liability it is.