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The Bank of Bramblewood Promotes a Sustainability Initiative Encouraging All

Question 303

Multiple Choice

The Bank of Bramblewood promotes a sustainability initiative encouraging all transactions increasingly to be paperless. Each time the bank issues checks or sends out a paper statement, it includes a promotion asking customers to support methods that eliminate paperwork. The bank encourages customers to use debit cards, smart cards, direct deposit, and direct payments, as well as online statement retrieval. All of these tools are used in conjunction with the bank's


A) electronic funds transfer system.
B) automated deposit system.
C) check clearinghouse system.
D) limited documentation checking program.

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