Simulation as scientific process involves critical analysis and initiation of the real life of events using an electronic device, especially computer system and networking.
The feature grasps the utilization of these processes and transforms the stable system into acceptable or intended result.
After having viewed the constraints in series of activities in banking sector in the country, an attempt was made regarding utilization of the works computer system and network connection do understanding this concept an earlier attempt recalls the designing a new system that can resituate banks workers from the slumber working equipment (Manual System).
Electronic fund transfer system is an organized process of transferring fund through electronic means by the use of computers where debit and credits are made into ones account.
Having gone to First Bank Nigeria Plc, as one of the Commercial Banks that has ventured in Electronic Fund Transfer (ETF). The system allows a customer account to be credited electronically within 24 hours anywhere in Nigeria it provides a more suitable and cost effective way of transferring fund when compared with the traditional means such as mail transfer and telegraphic transfer.
It is mere secure and time is saved when money is transferred through the Electronic fund transfer such money (fund) is transferred electronically by the bank through their accredited Branches or Agents.
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