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Essay

Payment instruments

Essay specific features

 

Issue:

Business

 

Written by:

Claude E

 

Date added:

April 17, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 948

 

Was viewed:

8206 times

 

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Essay content:

Their main advantage is that pre-authorisation means they are made electronically. While declining in importance, cheques are paper-based instructions to a depositor’s ADI to pay funds to settle a transaction (or to effect a withdrawal). They can be used only where the depositor has a cheque account...
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They can be used only where the depositor has a cheque account. Their main advantage is that the depositor can make a record of the instruction. Debit cards allow their holder to settle transactions via EFTPOS machines that draw on funds in the depositor’s ADI account and to withdraw funds from ATMs...
displayed 300 characters

General issues of this essay:
Bank of Credit and Commerce International Credit Portfolio And Instruments Credit Discussion Of The Role Of A Central Bank And The Regulation Of The Financial Sector In View Of The Consequences Of The “Credit Crunch” In 2007 In The Us And The Uk In Particular. Payment instruments Don't Let Credit Cards Rule Your Life Credit Cards: Not So Evil credit cards disadvantages credit cards BENEFITING FROM GAS CREDIT CARDS Use of Credit Cards Use of Credit in the U.S. credit cards fraud credit cards Electronic Credit Card Payment Technology
 

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