Which of the following is an example of an electronic fund transfer:
A) an ATM deposit
B) a direct deposit of a paycheck
C) using a debit card to buy groceries
D) an automatic bill paying service
E) all of the other choices are correct

Question

Quizplus · Accepted Answer

All of the choices are examples of electronic fund transfers. Electronic fund transfers involve the transfer of money from one account to another through electronic means, which can include ATM transactions, direct deposits, debit card purchases, and automatic bill payments.

Which of the Following Is an Example of an Electronic