Currently,the two basic methods by which cash managers transfer funds from accounts at one bank to accounts at another bank are:

Question

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EDTs (Electronic Data Transfers) and wire transfers are the most commonly used methods of transferring funds between accounts at different banks. Overnight mail and courier may not be secure or reliable, and Western Union transfers may not be available for all banks or may involve additional fees.

Currently,the Two Basic Methods by Which Cash Managers Transfer Funds