what was the bank of amsterdam
The Bank of Amsterdam (Dutch: Amsterdamsche Wisselbank or literally Amsterdam Exchange Bank) was an early bank, vouched for by the city of Amsterdam, established in 1609, the precursor to, if not the first, modern central bank.his credit was known as bank money. Being always in accord with mint standards, and always of the same value, bank money was worth more than real coinage. At the same time a new regulation was introduced; according to which all bills drawn at Amsterdam worth more than 600 guilders must be paid in bank money.