Meaning of the word: Credit transfer
Credit transfer is a type of electronic funds transfer from one bank account to another. It could be a transfer between accounts of institutions or private persons. This is a non-cash transfer of funds, from the sender to the recipient. For the identification of the payment we usually use the variable code. We can specify the payment order via Internet banking.
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Pension
Pension is a old-age pension, which is paid from the pension insurance scheme within the pension system. The pension is paid in monthly installments…
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