Locality and Topology in the Molecular Aharonov-Bohm Effect

It is shown that the molecular Aharonov-Bohm effect is neither nonlocal nor topological in the sense of the standard magnetic Aharonov-Bohm effect. It is further argued that there is a close relationship between the molecular Aharonov-Bohm effect and the Aharonov-Casher effect for an electrically neutral spin -1/2 particle encircling a line of charge.