What action is taken to transfer funds to a bank?

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The action taken to transfer funds to a bank is a deposit. When an individual or organization deposits money, they are effectively transferring their funds into the bank's accounts. This action adds to the funds held by the bank and allows the depositor to use banking services such as withdrawal, checks, or debit card transactions based on the deposited amount.

A withdrawal refers to taking money out of the bank, which is the opposite of depositing funds. Exchange typically refers to converting currency or exchanging one form of asset for another, and while investments involve placing money into financial ventures with the hope of generating returns, they do not indicate merely transferring funds into a bank's account. Therefore, depositing is the accurate term for the action of moving funds into a bank.

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