- Standing order- Instruction to the bank by the A/C holder to make regular payment to the A/c
holder to make regular
payment to a name client for an agreed period of time.
- Credit transfer – Method of paying many people using one cheque
- Telegraphic transfer – Method of remitting money fast and safely from one person to another
- Electronic Funds transfer (EFT) – Transferring money from one account to another using
computers
- Cheques- Written order by the drawer to the Bank to pay on demand a specified amount of
money to the named person
on the cheques.
- Banker’scheques – Written order by a bank to another to pay a stated amount of money to the
payee.
gideon1 answered the question on October 2, 2017 at 17:18
-
Kenya has been relying on Coffee as a key driver of her economy. Explain FIVE benefits that
may accrue to her due to this specialization
(Solved)
Kenya has been relying on Coffee as a key driver of her economy. Explain FIVE benefits that
may accrue to her due to this specialization
Date posted:
October 2, 2017
.
Answers (1)
-
Explain FIVE factors that limit the usage of Railway as a means of transport.
(Solved)
Explain FIVE factors that limit the usage of Railway as a means of transport.
Date posted:
October 2, 2017
.
Answers (1)
-
Explain SIX measures that the Government of Kenya may take to control her persistent Balance
of
payment deficit.
(Solved)
Explain SIX measures that the Government of Kenya may take to control her persistent Balance
of
payment deficit.
Date posted:
October 2, 2017
.
Answers (1)
-
Outline FIVE challenges that Kenya faces when trying to implement her development plans.
(Solved)
Outline FIVE challenges that Kenya faces when trying to implement her development plans.
Date posted:
October 2, 2017
.
Answers (1)
-
Kapa Oil manufacturers have decided to eliminate wholesalers in their chain of distribution.
Outline FIVE possible effects that would result if wholesalers were eliminated.
(Solved)
Kapa Oil manufacturers have decided to eliminate wholesalers in their chain of distribution.
Outline FIVE possible effects that would result if wholesalers were eliminated.
Date posted:
October 2, 2017
.
Answers (1)
-
Highlight FIVE reasons as to why a high national income may not necessarily mean better
welfare for the citizens of a country.
(Solved)
Highlight FIVE reasons as to why a high national income may not necessarily mean better
welfare for the citizens of a country.
Date posted:
October 2, 2017
.
Answers (1)
-
Explain FIVE methods of payments offered by commercial banks in Kenya.
(Solved)
Explain FIVE methods of payments offered by commercial banks in Kenya.
Date posted:
October 2, 2017
.
Answers (1)
-
Explain five factors that encourage entrepreneurial development in Kenya.
(Solved)
Explain Five ways in which the government of Kenya can encourage entrepreneurial development.
Date posted:
October 2, 2017
.
Answers (1)
-
Describe five types of unemployment.
(Solved)
Describe five types of unemployment.
Date posted:
October 2, 2017
.
Answers (1)
-
Discuss five factors that Nakuru county government may consider before spending county
Funds.
(Solved)
Discuss five factors that Nakuru county government may consider before spending county
Funds.
Date posted:
October 2, 2017
.
Answers (1)
-
Otline four factors that comprise a negative internal environment in a business.
(Solved)
Otline four factors that comprise a negative internal environment in a business.
Date posted:
October 2, 2017
.
Answers (1)
-
Highlight four ways in which local resources can be managed to alleviate unemployment
problems in Kenya.
(Solved)
Highlight four ways in which local resources can be managed to alleviate unemployment
problems in Kenya.
Date posted:
October 2, 2017
.
Answers (1)
-
Name four commercial services that facilitate trade.
(Solved)
Name four commercial services that facilitate trade.
Date posted:
October 2, 2017
.
Answers (1)
-
Highlight any four features of time deposit account
(Solved)
Highlight any four features of time deposit account
Date posted:
October 2, 2017
.
Answers (1)
-
Highlight four benefits enjoyed by a holder of a credit card
(Solved)
Highlight four benefits enjoyed by a holder of a credit card
Date posted:
October 2, 2017
.
Answers (1)
-
Mention four non-tax internal sources of revenue to the government.
(Solved)
Mention four non-tax internal sources of revenue to the government.
Date posted:
October 2, 2017
.
Answers (1)
-
Highlight four reasons why public relations is a popular way of product promotion among banks.
(Solved)
Highlight four reasons why public relations is a popular way of product promotion among banks.
Date posted:
October 2, 2017
.
Answers (1)
-
Give the composition of the high court of Kenya
(Solved)
Give the composition of the high court of Kenya
Date posted:
October 2, 2017
.
Answers (1)
-
State factors that a trader may consider when choosing a means of transport
(Solved)
State factors that a trader may consider when choosing a means of transport
Date posted:
October 1, 2017
.
Answers (1)
-
State factors that may make a producer to by pass the wholesaler when distributing goods
(Solved)
State factors that may make a producer to by pass the wholesaler when distributing goods
Date posted:
October 1, 2017
.
Answers (1)