Postal transfer (mail payment, postal cheque account transfer, mail transfer, postal giro transfer)

Payments made by the postal service, formerly in Germany by its own money letter carrier (postman who delivers money orders), mostly to private households. Still important today in the U.S. and other countries for servicing the unbanked. – See Geldbrief, Konto für Jedermann, Postauftrag, Postkreditbrief, Zahlungsauftrag.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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