In a push transaction, one party sends a payment to its correspondent. In a pull transaction, one

Question:

In a push transaction, one party sends a payment to its correspondent. In a pull transaction, one party receives a payment from the other party. Indicate which of the following transactions is a push transaction:

• Wire transfer 

• Credit transfer 

• Check 

• ACH debit

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Protocols For Secure Electronic Commerce

ISBN: 9781138586055

3rd Edition

Authors: Mostafa Hashem Sherif

Question Posted: