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This question belongs to Commerce Insurance
Insurance
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State which of the following ones is a transactional product.

Answer & Solution
Correct Answer: Option A
Bank Deposit is a transactional product. Transaction Banking division of a bank typically provides commercial banking products and services for both corporates and financial institutions, including domestic and cross-border payments, risk mitigation, international trade finance as well as trust, agency, depositary, custody and related services.
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