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Business, 21.10.2020 16:01 Jasten

Scott and Mary have accepted a three-year international relocation for work. Both are still paid in U. S. dollars, and their paychecks are automatically deposited to a U. S. Bank. When they need cash, they use local ATMs that allow them to withdraw funds from their U. S. bank, but the ATM gives them the equivalent in local currency. Which type of system does the U. S. Bank use to transfer money almost instantly, and in the currency needed by the user?

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