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Over the last 20 years what has made economic transactions more convenient?
Electronic Funds Transfer (EFT)
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 electronic invention has made possible the use of computers, electronic banking machines, and even satelites in space?
cpu
What does payment by ktt mean?
Payment by KTT stands for "Key Tested Telex Transfer," which is a method of transferring funds electronically between banks. In this process, the sender provides specific instructions to their bank to transfer a certain amount of money to the recipient's bank account via a secure telex message. The receiving bank then verifies the instructions using a pre-agreed upon key before processing the transfer. This method is commonly used for international transactions due to its security and efficiency.
Which electronic invention has made possible the use of computers banking machines and even satellites in space?
Microcomputer ICs. They also made many other things possible.
Is it possible to reverse a money transfer made on Zelle?
No, it is generally not possible to reverse a money transfer made on Zelle once it has been completed. It is important to double-check all details before sending money through the platform.
What is conditional MT103?
An MT103 is a SWIFT message sent to make a transfer of funds. It is commonly known as a 'wire transfer' because the payment is made electronically (over a wire). There is no 'conditional' to an MT103. It will happen and is, by definition, unconditional.
What is unrequited transfer?
Unrequited transfer refers to a situation where a financial transaction, such as a payment or transfer of funds, is made without receiving anything in return. It typically involves one party giving money or assets to another party without any expectation of repayment or benefit in return.
Which technology has made is possible to calculate complex and intricate equations with precise accuracy?
Programmable electronic digital computer technologies.
What routine daily activities are made possible by IT?
Online banking, electronic mail (e-mail) communications, ATM transactions, and Internet-based research are possible because of IT.
Was there ever a silver coin certifcate for 100 million dollars?
That's CERTIFICATE and MILLION DOLLARS, as any dictionary will tell you .... There's never been any U.S. bill with that denomination. The largest bill ever made was worth $100,000 and was only used to transfer money between banks and government departments in the days before electronic funds transfer. The largest circulation bill was worth $10,000. The largest bill today is $100.
What has made the transfer of medical records a necessity in our society?
One thing that has made the transfer of medical records a necessity in our society is the ease of travel in modern times. People going from one place to another need access to their records and modern transfer capabilities make that possible.
