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Chances of funds deposited accidentally into a different persons account are significant. When you make an electronic payment, if you enter one or more digits of the receivers account number incorrectly, the bank may end up making the payment to the wrong customer.

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What is a wire disbursement?

A wire disbursement is the electronic transfer of funds from one account to another via a wire transfer. This is commonly used for fast and secure same-day transactions between financial institutions or parties.


What are some of the drawbacks of male plastic surgery?

The drawbacks or disadvantages of plastic surgery are the same for both males and females. There are always the chances of one getting an infection, slow healing, complications or imperfect results.


What is the electronic configuration for H minus?

H- has one additional electron compared to H. The electronic configuration is: 1s2


What does Br to br mean on bank statement?

On a bank statement, "Br to br" typically indicates a "balance transfer" or "bank transfer" transaction. This notation suggests that funds have been moved from one account to another, either within the same institution or between different banks. If you see this and are unsure of the details, it's advisable to check your transaction history or contact your bank for clarification.


What are the vaiours types of electronic transition observed in organic compounds when exposed to Ultra violet and visible light?

The various types of electronic transitions observed in organic compounds when exposed to UV and visible light include π-π* transitions, n-π* transitions, and charge-transfer transitions. π-π* transitions involve the excitation of an electron from a π bonding orbital to a π* antibonding orbital. n-π* transitions involve the excitation of an electron from a nonbonding (n) orbital to a π* antibonding orbital. Charge-transfer transitions involve the transfer of an electron from one atom or group to another.

Related Questions

What is an ach transfer?

ACH stands for automatic clearing house but it is an electronic funds transfer from one bank to another


What does ACH Transfer offer their customers?

Automatic Clearing House or ACH is also more commonly known to consumers as an Electronic Funds Transfer. It allows an electronic transfer of funds from one financial institution or account to another. Enabling time saving and efficient transfers of funds from consumers or businesses.


What is NEFT code?

NEFT stands for National Electronic Funds Transfer. It is an electronic funds transfer service that is available for the citizens of India to transfer funds electronically from one bank to another. All banks have a unique NEFT code using which the bank name and the branch can be identified. Whenever you initiate a funds transfer request using NEFT, the NEFT code of the bank which is supposed to receive the funds is mandatory.


Which financial institute has the fastest electronic funds transfer?

The fastest way to transfer funds electronically is by a CHAPS transfer, which sees the funds move instantly from one account to another. Almost all commercial and retail banks will offer this service, usually for a fee.


How long does a NEFT transfer take from one UK to another India bank?

NEFT Stands for National Electronic Funds Transfer. This facility is available only for funds transfer within India from one bank to another. This facility is not available for international funds transfer. If you wish to transfer money from UK to India, use an international wire transfer or other money remittance options available to transfer funds from abroad to India.


What is the expansion of NEFT?

NEFT stands for National Electronic Funds Transfer. It is an electronic funds transfer facility available for banking customers in India which can be used to move funds from one account to another. It is used for normal amount transactions (not in lacs) and the money is usually received the next business day by the target party.


What does NEFT stands for in online banking?

NEFT stands for National Electronic Funds Transfer. It is an electronic funds transfer facility available for banking customers in India which can be used to move funds from one account to another. It is used for normal amount transactions (not in lacs) and the money is usually received the next business day by the target party.


What is the history of wire transfers?

Wire transfer, bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office.


What does neft mean in bank statement?

It could mean anything - one example could be 'non electronic funds transfer' - meaning the funds were withdrawn and deposited manually instead of by computer.


What is the full meaning of EFATPOS?

First of all, it is EFTPOS or EFTAPOS, not EFATPOS. This is what it stands for: E= electronic E= electronic F= funds F= funds T= transfer at T= transfer P= point A= at O= of P= point S= sale O= of S= sale Either one works, they mean the same thing.


What does efts stand for?

EFT stands for Electronic Funds Transfer. It is a facility using which customers can transfer funds from one bank account to another without having to write/issue/receive/deposit Cheques. Everything happens electronically through internet banking without use of paper instruments. In India we have two types of EFT available: a. National Electronic Funds Transfer - NEFT for small amounts b. Real Time Gross Settlement - RTGS for large amounts


What is a wire disbursement?

A wire disbursement is the electronic transfer of funds from one account to another via a wire transfer. This is commonly used for fast and secure same-day transactions between financial institutions or parties.