Meaning of Electronic Fund Transfer
What is the meaning of Electronic Fund Transfer. Briefly describe it.
Expert
Meaning of Electronic Fund Transfer:
You would definitely buy something online. At that time, you pay with your credit or debit card. In fact, at that time, you are doing electronic funds transfer. In easy words, electronic funds transfer signifies the online and computer transfer of money from one bank account to another bank account. According to EFT Act of USA, bank is not accountable for unauthorized withdrawals, when EFT card is lost or stolen by the customer. However when financial institution fails to transfer fund appropriately as per term and conditions of consumer, that financial institution is accountable for paying penalty plus that short amount.
Explain the benefits you can think of for a company to (a) cross-list its equity shares on more than one national exchange, and, (b) to source new equity capital from foreign investors as well as domestic investors.
What are Personal accounts. Describe their types?
Explain characteristics of the international and the domestic banks.
Describe determinants of the operating exposure.
Define the term Kiting in Accounting stream?
Give a short introduction about the term ‘Fixed Overhead Variance’?
Specify the considerations that could bound extent to which theory of the comparative advantage is practical?
Evaluate the given statement: “Firm may decrease its currency exposure by diversifying across the different business lines”.
Presently, spot exchange rate is $1.50/£ and three-month forward exchange rate is $1.52/£. Three-month interest rate is 8.0% per annum within the U.S. and 5.8% per annum within the U.K. Suppose that you can borrow as much as $1,500,000 or £1,000,000.
When an asset is purchased and the similar is not employed for the financial year, must the company charge the depreciation and the reason for the similar?
18,76,764
1931554 Asked
3,689
Active Tutors
1456700
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!