Banking Dictionary:
Book Transfer
Transfer of funds from one deposit account into another at the same financial institution. Book transfers are an efficient method of consolidating funds because they eliminate check clearing Float.
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 | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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Mentioned In:
- Funds Transfer (in banking)
- Pass the Book (finance term)
- Marc J. Stockwell-Moniz (children's author/illustrator)
- bookkeeping (technique – in business)
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