NAIMMCQ E Commerce The nationwide batch-oriented electronic funds transfer system that provides for interbank clearing of electronic payments for participating financial institutions is called the

The nationwide batch-oriented electronic funds transfer system that provides for interbank clearing of electronic payments for participating financial institutions is called the

E Commerce

The nationwide batch-oriented electronic funds transfer system that provides for interbank clearing of electronic payments for participating financial institutions is called the

A) E-bill Presentment and Payment Network.
B) Automated Clearing House Network.
C) Receiving Depository Financial Institution.
D) Federal Reserve System.

Answer: B

NAIMMCQ

The nationwide batch-oriented electronic funds transfer system that provides for interbank clearing of electronic payments for participating financial institutions is called the

The nationwide batch-oriented electronic funds transfer system that provides for interbank clearing of electronic payments for participating financial institutions is called the

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