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Does banks store money in SQL?

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Yes, banks use SQL to store data about money. ...the only dumb question is the one not asked! SQL relational database management systems aren't the only method in use to track bank account balances, but I'd be very surprised if it wasn't the primary one being used. read more

SQL is a language that can be used in any data driven application not just banking. A bankding system consist of user accounts, money transfers, withdrawal, deposits, etc. These all represent tables or entities that can be manipulate with SQL. For example, inserting data to a table, deleting something from a table, etc. read more

SQL doesn't actually store those internally. Regarding decimal vs money, pick whatever is appropriate for your needs. The money types exist because storing accounting values as integer multiples of 1/10000th of unit is very common. read more

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