Question : How many digits does the Mobile Money Identifier (MMID) code of any commercial bank have?
Option 1: 7
Option 2: 10
Option 3: 12
Option 4: 8
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Correct Answer: 7
Solution : The correct answer is 7 .
The seven-digit Mobile Money Identifier, or MMID for short, is a unique number used for interbank transfers when utilizing the MMID feature of mobile banking. An MMID will be assigned to each account holder, which will aid in identifying a specific bank account. To receive funds in the account, the remitter must provide the MMID and registered mobile number.
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