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A Written Instruction By A Current Account Holder To His Bank To Debit His Account At Regular Intervals With A Specified Amount For A Given Period Is? - Erudites Academy
Commerce WAEC

A written instruction by a current account holder to his bank to debit his account at regular intervals with a specified amount for a given period is?

A. standing order
B. money order
C. bank draft
D. overdraft

Correct Answer: Option A

A. standing order

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