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Why i transfer money to vendors bank account instead of check against his bills?

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Question added by Shaikh Aslam , Accounts Payable Accountant , Impact Realty Contracting Company
Date Posted: 2017/01/31
Farrukh Abbas Wahla
by Farrukh Abbas Wahla , Accounting Supervisor , Tristar Group

It's faster and easier mode of payment.

saleh Abdu
by saleh Abdu , Administrative Officer , Fawaz A Alhokair & Co.

Advantages of transfer payment: 1. Time savings Transfer payment takes a few minutes, while check payment may take several days. Also, you will not waste your time waiting in lines at a bank or post office in transfer payment.2. Reduced risk of loss and theft You can not forget your virtual wallet somewhere and it can not be taken away by robbers. 3. User-friendly Usually every service is designed to reach the widest possible audience, so it has the intuitively understandable user interface. In addition, there is always the opportunity to submit a question to a support team, which often works 24/7. Anyway you can always get an answer using the forums on the subject. 4. Convenience All the transfers can be performed at any time, anywhere. It's enough to have an access to the Internet. 

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