Question

Mr Gobind Sharma a retailer at Thiruvananthapuram is a Chemist and does brisk business. The only

problem he faces is that when he wants to make payments to the distributors from whom he gets the

stock. He usually needs to visit State Bank of India, ICICI Bank or Axis Bank to make the money

transfer, as the accounts of his distributors are in such banks.

a. Suggest a method by which he can make such fund transfers at the comfort of his home ?

b. What are the different methods of such transfers?​

Answer 1

Answer:

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