The following are electronic funds transfer systems available in the United States except
A)Fedwire.
B)CHIPS.
C)SWIFT.
D)ACH.

Question

Quizplus · Accepted Answer

SWIFT (Society for Worldwide Interbank Financial Telecommunication) is not a domestic electronic funds transfer system in the United States. It is an international messaging network used for financial transactions across borders. The other options, Fedwire, CHIPS, and ACH are all domestic electronic funds transfer systems in the United States.

The Following Are Electronic Funds Transfer Systems Available in the United