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Is Electronic Funds Transfer require a deposit slip?

In: Banking [Edit categories]

Answer:

No. Electronic Funds Transfer does not require a deposit slip. All electronic transactions are initiated through the banks website and is completed in a paperless fashion. The bank might print out daily or monthly transaction lists but for a single transaction, no paper slips are required.

First answer by Anandvijayakumar. Last edit by Anandvijayakumar. Contributor trust: 782 [recommend contributor ]. Question popularity: 1 [recommend question].

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