MCQs > Finance & Management > Retail Banking Industry And Processes > What is the term which describes illegally benefiting from float e. g. by depositing and drawing checks between accounts at two or more banks?

Retail Banking Industry And Processes MCQs

What is the term which describes illegally benefiting from float e. g. by depositing and drawing checks between accounts at two or more banks?

Answer

Correct Answer: Kiting

Explanation:

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