Which of the following is used for a single payment of many people at the same time through a bank instead of writing separate cheques?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option B
Explanation:
Credit transfer is a direct payment of money from one bank account to another that can be made to multiple accounts simultaneously
Credit transfer is a direct payment of money from one bank account to another that can be made to multiple accounts simultaneously