The hindrance of exchange is removed by

Hindrance of exchange  is removed by money and bankings services. There is exchange of goods and services through money. or cash. For instance five kilos rice is purchased for Rs 200, and money is paid for it. For a  convenient and safe mode of payment, required to settle the transactions, banking services can be taken for it. The money can be transferred by cheques, drafts from one place to another which is safe mode and money is not required to be carried.