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Performing a bank transfer is a two-step process. This involves using a clearing account to wash the transaction through. In the first step, deposit the money into the receiving bank. In the second step, remove the deposit from the sending bank.
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Performing a bank transfer is a two-step process. This involves using a clearing account to wash the transaction through. In the first step, deposit the money into the receiving bank. In the second step, remove the deposit from the sending bank.