Executive IT Officer
Executive IT Officer Interview Questions and Answers
Updated 9 Sep 2022
Q1. Describe Banking Transaction.
Ans.
Banking transaction refers to the transfer of funds between two or more bank accounts.
It involves the movement of money from one account to another
Transactions can be initiated through various channels such as online banking, mobile banking, ATM, or in-person at a bank branch
Common types of banking transactions include deposits, withdrawals, transfers, and payments
Transactions can be between accounts within the same bank or between different banks
Security measures such as aut...read more
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