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A book in a book transfer is typically an underlying understanding, which means within the same ledger books of a bank or financial institutions.

Every Bank or FI maintains their core banking via certain ledger systems which were earlier called as ledger books (maintaining account balances, cash in bank, expenses, revenues etc.).

The book transfer evolved from the same thought of movement of fund within same ledger book. So its Book Transfer.

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Q: What do mean book to book transfer?
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