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

Subprogram, create a stored procedure to debit a bank account user must ent...

create a stored procedure to debit a bank account user must enter account no. and amount to debited from account .the minimum balance in account should be 500. if the debited amoun

What is building and running mpi programs, Q. What is Building and Running ...

Q. What is Building and Running MPI Programs? MPI parallel programs are written using conventional languages such as FORTRAN and C. One or more header files like 'mpi.h' may be

What is anonymous file transfer protocol, What is Anonymous File Transfer P...

What is Anonymous File Transfer Protocol? Anonymous FTP: While a FTP client contacts a server, in that case, the daemon will ask for an account number or username and it

Java, what is java?

what is java?

Limits of traditional payment instruments and overcome, What are the restri...

What are the restrictions of traditional payment instruments? How are such restrictions overcome by electronic payment systems? The restrictions of traditional payment system a

How does the dialog handle user requests, How does the Dialog handle user r...

How does the Dialog handle user requests? when an action is performed ,the system triggers the PROCESS AFTER INPUT event. The data passed contains field screen data data enter

What is net-fu and where is it?, Net-fu is a web-based interface to a scri...

Net-fu is a web-based interface to a script-fu server. The work is completed at a remote site. To see Net-fu, point your web browser or one of the mirror sites, and then go to "gim

What is low-level formatting, What is low-level formatting?  Before a d...

What is low-level formatting?  Before a disk can store data, it must be divided into sectors that the disk controller can read and write. This process is known as low-level for

Example on plane, Q. If a plane is in the air also there is a fly flying in...

Q. If a plane is in the air also there is a fly flying inside the plane does the plane get heavier when the fly lands? Answer:- It is true that a fly puts weight on a plan

Simplified boolean expression, Simplified the Boolean Algebra (x + y)(x + z...

Simplified the Boolean Algebra (x + y)(x + z) simplifies to ? Ans. x + yz as simplified the Boolean Algebra expression. [(x + y) (x + z)] = xx + xz + xy + yz = x + xz + xy + y

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