In a modern day banking system, cash transfer cannot be made where the transferor - SchoolNGR

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In a modern day banking system, cash transfer cannot be made where the transferor

In a modern day banking system, cash transfer cannot be made where the transferor

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Has no sufficient cash with the bank
B Has no account with the bank
C Does not reside in the bank's country
D Does not possess the domestic currency

Correct Answer: Option A

Explanation:
You can't transfer money when you do not not have sufficient amount of money on the account.

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