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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?
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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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