What is meant by a payment instruction? How are they submitted to banks?

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Financial Markets Banking And Monetary Policy

ISBN: 9781118872239

1st Edition

Authors: Thomas D. Simpson

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Question Posted: Feb 02, 2024 09:48 AM

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What is meant by a payment instruction? How are they submitted to banks?

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A payment instruction is a directive given by an individual or a business to its bank telling the bank to transfer a certain amount of money from its ...View the full answer

Financial Markets Banking And Monetary Policy

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