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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