Wednesday, April 13, 2011

Royal Checkbook, Seldom Used

Coutts & Co., now a unit of RBS, has long served as bankers to the British royal family. According to trivia reported in The Telegraph, the Queen's financial paperwork still travels to the bank by horse-drawn carriage.

The Queen has a Coutts checkbook, emblazoned with a crown, but seldom uses it:

"…recipients of the Queen's cheques often choose to keep them as a souvenir rather than cash them - something which makes balancing the Queen's accounts rather tricky…."

More on Coutts: The Wife of a Banker

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