Examlex
Which of the following will not result in an increase in return on investment (ROI) , assuming other factors remain the same?
Drawee
The party that must obey an order. In the context of banking, the drawee is the bank that must pay the funds ordered by a customer’s check.
Regulation E
A provision of the Electronic Fund Transfer Act that outlines rules for electronic payments, including transfers via ATM, debit card, and other direct transfers.
Federal Reserve
The central banking system of the United States that aims to provide the nation with a safer, more flexible, and more stable monetary and financial system.
E-money Transactions
Financial transactions carried out electronically, using digital currencies or electronic substitutes for cash.
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