----------------means the transfer of money from one bank a/c to another electronically

Related MCQs

• Imperial Bank was formed in ________ by the amalgamation of three presidency banks – the Bank of Bengal, the Bank of Bombay, and the Bank of Madras:
• ---------------cheque is generated written and signed electronically .
• -------------is a funds transfer mechanism where account to another bank account is real time.
• When the customer borrows money from the bank, the bank becomes the
• When a customer deposits money with a bank, the customer becomes a lender and the bank become a__________
• __________ means signing on the back of negotiable instrument with a view to transfer the title in the instrument to another person
• ------------ is an anti money laundering measure specified in the prevention of money laundering act 2002.
• ___________is a central bank of a country. It acts as a leader of the money market.
• When a customer Deposits money with a bank, the customer becomes a
• ________ means the transfer of all the rights and remedies available to the insured in respect of the subject matter to the insurer after indemnity has been effected.