Multiple choice

Electronic Fund Transfer is a service of money transfer�

  1. From one city to another but in the branch of same bank.
  2. From one branch of a bank in a city to another branch in the same city.
  3. From one bank to another bank and from one branch of a bank in a city to other branch of another bank in another city.

  1. 1

  2. 2

  3. 1 and 2

  4. 1, 2 and 3
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Electronic Fund Transfer is a versatile system that allows transfers between branches of the same bank, across different banks, and across different cities.

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