Can you explain how transactions work in a bank?
Sure! Transactions in a bank involve the transfer of money from one account to another, which can be initiated by the account holder.
What are the different types of transactions?
There are several types, including deposits, withdrawals, transfers, and payments. Each serves a different purpose.
How long does it take for a transaction to process?
Processing times can vary. Some transactions are instant, while others may take a few hours or even days, depending on the method.
What happens if a transaction fails?
If a transaction fails, the funds are usually returned to the sender's account, and the user is notified of the issue.
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