In a modern day banking system, cash transfer cannot be made where the transferor

FINANCIAL
JAMB 2012

In a modern day banking system, cash transfer cannot be made where the transferor

  • A. has no sufficient cash with the bank
  • B. has no account with the bank
  • C. does not reside in the bank's country
  • D. does not possess the domestic currency

Correct Answer: A. has no sufficient cash with the bank



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