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Bank Account Management

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**Bank Account Management**

What is Bank Account Management?

Bank Account Management refers to the systems, processes, and technologies used by financial institutions to handle customer bank accounts. This includes opening accounts, processing transactions (deposits, withdrawals, transfers), calculating interest, managing account balances, generating statements, and ensuring regulatory compliance. It often involves core banking systems, online banking platforms, mobile banking apps, and various security measures to protect account information and prevent fraud.

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