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Faiz wants to transfer funds to his sister’s account but is unable to go to the bank due to his hectic schedule. Which one of the following methods should he use to transfer money? - Home Science (Theory)

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Question

Faiz wants to transfer funds to his sister’s account but is unable to go to the bank due to his hectic schedule.

Which one of the following methods should he use to transfer money?

Options

  • ATM transaction

  • Debit Card

  • Cash deposit at a branch

  • Online Banking

MCQ
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Solution

Online Banking

Explanation:

Online banking is the most convenient way to transfer funds, as it enables transfers from anywhere at any time without the need to visit a bank branch or use an ATM.

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