How is money transferred from one account to another with the help of checks? Please give me a 3 mark answer.
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Explanation:
=》You can transfer money from your one account to another account by cheque.
=》 You have to simply draw a stating payee as your name along with the account number wherein you want to transfer the amount along with your signature.
=》 It's done immediately at a branch if the transfer is within your bank
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