Funds that are directly transferred from one to another account is known as transfer.

Deposit fund

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Electronic fund

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Machine fund

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Swipe fund

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Solution

The correct option is B Electronic fund
Funds that are directly transferred from one to another account is known as Electronic fund transfer.

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Similar questions

State True or False. Funds that are directly transferred from one to another account is known as Automated Teller Machine.

Funds that are moved from one to another account in 'real-time', this is known as ____________________________.

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