English, asked by joker987, 10 months ago

Research and compare the methods of money transfer which were prevalent about 50 years ago with those which are used today. You can use articles, pictures, samples, formats, post office instruments, etc

Answers

Answered by spadikazamfam

Answer:

Explanation:

Cash Payment. This is one of the oldest modes of payment. ...

Telegraphic Transfer or Mail Transfer. In this system, the payer deposits the money along with other charges in a bank which has a branch office at the payee's place. ...

Money Order or Postal Order. ...

Bill of Exchange. ...

Promissory Note. ...

Cheque. ...

Bank Draft.

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