📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    What banking transaction involves the exchange of one

    currency for another at the prevailing exchange rate?
    A Mobile banking transfer Correct Answer Incorrect Answer
    B Credit card payment Correct Answer Incorrect Answer
    C Currency exchange Correct Answer Incorrect Answer
    D Auto loan application Correct Answer Incorrect Answer

    Solution

    Currency exchange is the transaction that involves the exchange of one currency for another at the current exchange rate.

    Practice Next
    More Accounts Questions
    ask-question