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1、Flow chart of Mail Transfer (M/T),Buyer,Remitting Bank,Paying Bank,Seller,PO= Payment Order with payees name and address, etc.,BT= Bank Transfer, how to tranfer money from remitting bank to payment bank.,Sample of M/T,Flow chart of cable/telex/SWIFT (Telegraphic Transfer, T/T),Buyer,Paying Bank,Remi

2、tting Bank,Seller,Cable and Telex need at least more than 2 days to process,In the SWIFT transfer, if you send money in the morning, it would enter payees a/c in the afternoon,Flow chart of Bank Demand Draft Transfer (D/D),Buyer,Remitting bank,Paying bank,Seller,Collecting bank,Bankers demand draft

3、is sight draft,Sometimes, bank A open a/c in Bank C while Bank C open account in bank B like the above.,Bank A,Bank C with Bank As a/c,Bank B,How to transfer money between banks(3),Sometimes, both banks open accounts in Bank C,Bank A,Bank B,Bank C,How to transfer money between banks？(4),3Debit Bank

4、As a/c and Credit Bank Bs a/c,Bank A opens a/c at Bank C. Bank B opens a/c at Bank D. Bank C opens a/c at Bank D,How to transfer money between banks？(5),Translate the following terms into English.,1. payment order, 2.outward remittance, 3. international money order, 4.an automated payment system, 5. in co

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