If a bank's actual reserves are greater than its required reserves,it has _______.

Actual Reserves

The total funds a bank has in its vault or deposited with the central bank, available for immediate use.

Required Reserves

Required reserves refer to the minimum amount of funds that a bank must hold in reserve against deposits, as mandated by central banking regulations to ensure bank liquidity.

Excess Reserves

The reserves that banks hold over and above the regulatory requirements set by the central bank or banking regulator.