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Question
Write in your own words:-
What are the latest modern methods of depositing money in your own or somebody else’s account?
Solution
Some of the latest modem methods of depositing money in our own or somebody's account are
ATM counters: withdraw cash at any Automated Teller Machine.
Cheque and Pay Order.
Electronic funds transfer.
Standing Order.
SWIFT: International Account transfer.
Online banking.
Overdraft.
Banking through Apps.
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