Mr. Abhay, The owner of ‘Kapoor Steel Industry’ does the wholesale trade of utensils. Some of the utensils are made in his factory itself and some others, he purchases from other manufacturers. Every day, he has to make payment to several other traders. He wants as soon as he deposits the money in his bank it should be credited to the account of the receiver without delay. On enquiring from bank, he learnt that through e-banking there are two systems available for sending money from one place to other. According to one system, transfer of money from one bank to another is done in batches and according to the other system, transactions are done one after the other in continuity. Explain these two systems in detail.
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e pay only no bank and no yah
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