An example of a direct credit to your account is when you are paid by your employer.An example of a direct debit is your monthly payment to your car insurer.
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Q12: Barter is a system of exchange in
Q13: A cheque deposited into your ADI account
Q14: A cheque's BSB number identifies the bank
Q15: The netting of payments in the clearing
Q16: Debit cards allow customers additional time to
Q18: Charge cards are issued by banks to
Q19: Financial institutions such as banks hold funds
Q20: A transaction is an agreement between a
Q21: Real-time gross settlement operates during the business
Q22: RTGS clears payments and then places them
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