system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5:Where does a country keep it's money? eg. Is there a 'Government of England' bank account at the Bank of England?

Do countries have normal bank accounts like everyone else with a bank or does it not work like that?
gpt
Essentially yes, there's "the Account of Her Majesty's Exchequer" at the Bank of England, which is like the British government's current/checking account. There are also government accounts with other banks for particular purposes. For example when you pay taxes by bank transfer you're actually sending the money to an account at Citibank because the Bank of England doesn't really deal with those kind of electronic transfers.