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what do you understand by real time accessement executive mba banking
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Funds deposited in a bank, unless in cash, have always had a "float" period of 1 - 10 days before a depositor could use the money for anything. Real time access means funds available to me as soon as they are available to the bank, usually in less than 24 hours. It also means when I move money from one account to another online, the money is immediately available in the new place.
Posted by kalvaka on March 30, 2013 at 5:43 PM (Answer #1)
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