What do you understand by electronic funds transfer, Computer Engineering

Assignment Help:

What do you understand by Electronic Funds Transfer? 

Electronic Funds Transfer:

It's an electronic payment method that transfers the money value from one bank account to another in similar or different bank.  

 


Related Discussions:- What do you understand by electronic funds transfer

What is the disadvantage of strobe method, What is the  disadvantage of st...

What is the  disadvantage of strobe  method. The drawbacks of strobe method are that the source unit that show the transfer has no way of knowing whether the destination unit h

Convert decimal number to ocatl number, Convert (177.25) 10 to octal A...

Convert (177.25) 10 to octal Ans. 177.25) 10 = (         ) 8 Firstly we take integer part Hence (177) 10 = (261) 8 Now as 0.25 x 8 = 2.00 and 0.00 x 8 = 0 Therefor

Describe miscellaneous and privileged instructions, Q. Describe Miscellaneo...

Q. Describe Miscellaneous and Privileged Instructions? These instructions don't fit in any of above categories. I/O instructions: start I/O, stop I/O, and test I/O. Characteris

And-elimination-introduction rule - artificial intelligence, And-Eliminatio...

And-Elimination-Introduction rule - Artificial intelligence: And-Elimination In English, this says that "if you know that many things are all true, then you know that any

Explain communications and synchronization, Communications Parallel t...

Communications Parallel tasks normally have to exchange data. There are various manners in which this can be achieved like over a network or through a shared memory bus. The

Illustrate cache dram, Q. Illustrate Cache DRAM? Cache DRAM (CDRAM) wh...

Q. Illustrate Cache DRAM? Cache DRAM (CDRAM) which is developed by Mitsubishi integrates a tiny SRAM cache (16Kb) on a generic DRAM chip. SRAM on the CDRAM can be used in two

War (write after read) - data hazards , WAR (write after read) - Data hazar...

WAR (write after read) - Data hazards in computer architecture: WAR (write after read) - j tries to write at destination before it is read by i , hence i  wrongly gets the n

Define bandwidth, Define Bandwidth? When transferring blocks of data, i...

Define Bandwidth? When transferring blocks of data, it is of interest to know how much time is required to transfer an entire block, as blocks can be variable in size it is use

What is knowledge representation and reasoning, Artificial Intelligence Kno...

Artificial Intelligence Knowledge show (KR) is an area of artificial intelligence research aimed at showing knowledge in symbols to facilitate inferrencing from those knowledge ele

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd