Question

Explain how is money transfer from one bank to another with example

Answer 1

HERE IS YOUR ANSWER. . . .

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Money Transfer from one bank account to another bank account : If a person has to make a payment to his or her friend and writes a cheque for a specific amount, this means that the person instructs his bank to pay this amount to his friend. ... This said amount is transferred from one bank account to another bank account.

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