business banking is one of the emerging technical transaction of making paper business through banking transaction
Transaction via internet Banking
all transaction made one single window called core banking
The grey screen transaction is actually called inter bank grey screen transaction. A gray screen transaction relates to the old style Nostro Banking.
It was important because banking flourished and paper money became the normal medium of exchange in business transaction
value date means ordinary date . transaction date means banking date.
paper transaction is the transaction against which on credit or cash received or paid it is just in papers
A payee is a person who will receive the funds.
paper transaction is the transaction against which no credit or cash received or paid it is just in papers.
Commerce Bank does providing online banking, in a lot of different states. It save paper and you can use your mobile phone to view your account and pay bills.
If a person is conducting banking, it means that they are performing a transaction. This could be a deposit, a withdrawal, or taking out a loan.
Unique Transaction Reference