Cable (telegraphic) money transfer
Image credit kanooncurrency.co.uk ZIMSEC O Level Commerce Notes: Cable (telegraphic) money transfer
- A method of sending and receiving payments.
- Payments are made using telegraph,cable or telephone.
- Payment is made in foreign currency.
- Money is transferred from the debtor’s (importer’s) account to the creditor’s (exporter’s) account.
- A safe and fast way of making payments.
- Money […]
Econet is an example of a PLC ZIMSEC O Level Commerce Notes: Business Organisations: Advantages and Disadvantages of Public Limited Companies
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Safe use of chemicals. Image credit
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