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Ch 4: Banking – Payments and Receipts

*This FA-1 Summary Notes is Valid Up to 31 August 2025.

Chapter Focus Points: Receipts and payments account, BACS (Bankers’ Automated Clearing Services), Crossed cheque, Debit card, Direct debit, drawer of a cheque, Standing order, Charge card, Credit card, Difference between charge card and credit card.

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Ch 4: Banking – Payments and Receipts

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