Question: A commercial wire transfer ________. ANSWER Unselected is an electronic transfer of funds from a bank to another party that is often used to transfer

A commercial wire transfer ________. ANSWER Unselected is an electronic transfer of funds from a bank to another party that is often used to transfer funds between businesses and financial institutions Unselected is an electronic machine that is located either on a bank's premises or at some other location that is connected online to the bank's computers and permits the withdrawal and deposit of funds Unselected refers to a depositor's physical presentation of a check for payment at the payer bank instead of depositing an "on them" check for collection Unselected refers to the process of collecting checks that are drawn on other bank

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