Moving money from a savings account to a checking account at the same financial institution is called a _____.
Moving money from a savings account to a checking account at the same financial institution is called a _____.
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Moving money from a savings account to a checking account at the same financial institution is called a _____.
The correct answer is “transfer.”
A transfer refers to moving funds from one account to another within the same financial institution, such as from a savings account to a checking account. This process allows you to access your money more easily for transactions that may require immediate access, like payments or purchases. If you have more questions or need deeper explanations, feel free to check our extended services page!