QUESTION IMAGE
Question
drag each tile to the correct box.
match each bank service to its key feature.
feature\t\t\t\t\t\t\t\t\t\t\t\t\t\tservice
cash deposit without using checks\t\t\t\t\tdirect deposit
fund transfers from one bank
account to another\t\t\t\t\t\t\twire transfer
routine money transfers that are
scheduled for specific dates\t\t\t\t\t\tautomatic payment
fund transfers through an
international network\t\t\t\t\t\telectronic funds transfer
Brief Explanations
- For "cash deposit without using checks", the correct service is direct deposit? No, wait, direct deposit is usually for electronic transfer of funds (like payroll). Wait, maybe the original matching is wrong. Let's correct:
- "cash deposit without using checks" should match a service like maybe "cash deposit" but among the given services, let's re - evaluate:
- Direct deposit: Typically electronic transfer of funds (e.g., from employer to employee account), not cash deposit without checks. Maybe a mistake in the original. But based on the given tiles:
- "cash deposit without using checks" – Wait, maybe the intended correct match for "cash deposit without using checks" is not direct deposit. But let's go with the standard definitions:
- Direct deposit: Electronic transfer of funds (e.g., salary) into an account.
- Wire transfer: Transfer of funds from one bank account to another, often domestically or internationally, but usually through a bank's internal system or SWIFT.
- Automatic payment: Regular, scheduled money transfers (e.g., bill payments).
- Electronic funds transfer (EFT): General term for electronic transfer of funds, but let's re - match:
- "cash deposit without using checks" – Maybe the problem has a typo, but if we follow the given options:
- "cash deposit without using checks" should match... Wait, maybe the correct matches are:
- "cash deposit without using checks" – direct deposit? No, maybe the problem's intended matches are:
- "cash deposit without using checks" → direct deposit (maybe the problem considers direct deposit as a way to deposit cash without checks, though that's not accurate, but following the problem's setup)
- "fund transfers from one bank account to another" → electronic funds transfer
- "routine money transfers that are scheduled for specific dates" → automatic payment
- "fund transfers through an international network" → wire transfer
But let's correct the matches based on standard definitions:
- Direct deposit: Electronic transfer of funds (e.g., from a payer to a payee's account), often used for payroll, government benefits, etc. It can be a cash - less deposit (the payer sends funds electronically).
- Wire transfer: Transfer of funds from one bank account to another, which can be domestic or international. For international, it may use SWIFT.
- Automatic payment: Scheduled, recurring transfers (e.g., monthly rent, utility bills).
- Electronic funds transfer (EFT): A general term for electronic transfer of funds, which includes direct deposit, wire transfer, etc. But in the context of the problem:
- "cash deposit without using checks" – If we assume that direct deposit is a way to deposit funds (even cash - equivalent) without checks, then direct deposit.
- "fund transfers from one bank account to another" – Electronic funds transfer (EFT) is a broad term, but wire transfer is a type of EFT. Wait, maybe the problem's intended matches are:
- "cash deposit without using checks" → direct deposit
- "fund transfers from one bank account to another" → electronic funds transfer
- "routine money transfers that are scheduled for specific dates" → automatic payment
- "fund transfers through an international network" → wire transfer…
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- "cash deposit without using checks" → direct deposit
- "fund transfers from one bank account to another" → electronic funds transfer
- "routine money transfers that are scheduled for specific dates" → automatic payment
- "fund transfers through an international network" → wire transfer