No products in the cart.

How is money transferred from one …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

How is money transferred from one bank account to another? Explain with the example
  • 1 answers

Yogita Ingle 6 years, 11 months ago

Money Transfer from one bank account to another bank account:
If a person has to make a payment to his or her friend and writes a cheque for a specific amount, this means that the person instructs his bank to pay this amount to his friend. His friend takes this cheque and deposit in his account in the bank. This said amount is transferred from one bank account to another bank account.

http://mycbseguide.com/examin8/

Related Questions

What was zollverein formed
  • 1 answers
Explain the process of unification of Germany
  • 1 answers
Describe the silesian weavers uprising
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App