Conditional cash transfers (CCTs) provide cash to poor households who meet specific program requirements. CCT programs have led to increased literacy rates, reduced child labor, and improved health outcomes. However, they can be difficult to manage and may limit parental choices. Conditional cash transfers (CCTs) are cash that are provided to poor households who meet […]
Bank drafts offer secure payment similar to a check, but with guaranteed payment. Cashier’s checks are commonly used for large payments, and physical characteristics distinguish them from checks. Payment is guaranteed, but banks can cancel payment if the check is fraudulent within a certain timeframe. Bank drafts are a payment method similar to a traditional […]
