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The authority given to a bank to make regular payments on behalf of a customer...

Commerce
WAEC 2001
The authority given to a bank to make regular payments on behalf of a customer for a specified purpose is known as?
  • A. bank draft
  • B. credit transfer
  • C. standing order
  • D. certified cheque
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Correct Answer: Option C
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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