The System’s employees handle the distribution of U.S. currency and coin throughout the nation and the world. They also clear and process checks and electronic payments, such as the direct deposit of paychecks and they facilitate the electronic transfer of huge sums between large financial institutions.
As the first President of our democratic era, Nelson Mandela promoted reconciliation, led our reintegration into the global economy, strengthened the framework for macroeconomic management, and ushered in our new constitution.