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_is a system of collection in which a local bank receives funds and transfers them to a main concentration bank account

_is a system of collection in which a local bank receives funds and transfers them to a main concentration bank account? a. Concentration banking b. On time banking c. Credit banking d. Foreign exchange banking

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Question added by Anayatullah Tahir , Finance Manager , Etqan Projects
Date Posted: 2014/04/06
Mostafa Mashaly CMA CFC PFP
by Mostafa Mashaly CMA CFC PFP , FINANCE MANAGER , LYNKS INC

a. Concentration banking  is the answer

Muhammad Zubair
by Muhammad Zubair , CFO / Chief Accountant , RH Group

Correct answer will be concentratio banking

Prince Ninan
by Prince Ninan , Audit Executive , Lewis & Pecker

a. Concentration banking 

 

Bobby Chaugule
by Bobby Chaugule , Finance Lead , Horizontal Integration Middle East FZE LLC

a

Muhammad Naveed
by Muhammad Naveed , Regional office , Habib Metro Bank

a

Mohammad Sultan Mahmud
by Mohammad Sultan Mahmud , Accounts Manager , Abrar Plastic Industries Ltd

B . Online Banking

Taher abdul aziz Mahmoud Mashhour
by Taher abdul aziz Mahmoud Mashhour , Chief Accountant , Abo Shady Hospital

Cash Mobilization.

MALIIK SOHAIL ABBAS
by MALIIK SOHAIL ABBAS , ACCOUNTS MANAGER , AL RAWDAH GREEN SWEET WATER

ON LINE BANKING SYSTEM IN WHICH WE RECIEVE FUNDS AND ALLOCATED TO THE DESIRED PROJECTS ACCORDING TO THEIR BANK ACCOUNTS ON LINE