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What means are used by commercial banks to transfer money?

      

List the means used by commercial banks to transfer money.

  

Answers


Maurice
(i) Cheques.

(ii) Electronic fund transfer.

(iii) Telegraphic money transfer.

(iv) Standing orders.

(v) Credit transfers.
maurice.mutuku answered the question on July 12, 2017 at 12:26


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