asked 152k views
5 votes
Financial intermediation provides direct transfer of funds to the users?

1) True
2) False

asked
User Adali
by
8.1k points

1 Answer

3 votes

Final answer:

Financial intermediation provides direct transfer of funds to the users.

Step-by-step explanation:

Financial intermediation does provide direct transfer of funds to the users. This is because financial intermediaries, such as banks, act as a link between savers and borrowers. Savers can deposit their money with banks, who then lend it out to borrowers. Through this process, funds are directly transferred from savers to borrowers.

answered
User Henry Cyranka
by
8.6k points
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