Commerce JAMB

Current account holders withdraw money through?

A. Credit card
B. Cheque
C. Transfer
D. Withdrawal form

Correct Answer:

Option B – Cheque

Explanation

Current account holder withdraws money using cheque, a cheque is an order to a bank to pay a stated sum from the drawer’s account, written on a specially printed form.

A cheque is a document that orders a bank to pay a specific amount of money from a person’s account to the person in whose name the cheque has been issued.

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