![]() RTGS, Credit cards, Debit cards etc come under this category. It is a type of banking in which we can conduct financial transactions electronically. Non-payment of a cheque by the paying banker with a return memo giving reasons for the non-payment The way in which a bank keeps money in a deposit account in the same way the Depository Company converts share certificates into electronic form and keep them in a Demat account. ![]() It is an account that can be opened generally for business purposes with no restrictions on withdrawals and no interest paid Debit Card : It is a card issued by the bank so the customers can withdraw their money from their accounts electronically.
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