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A tell slip, often used in banking and financial transactions, serves as a crucial record of a deposit, withdrawal, or transfer. It provides essential details such as the date, transaction amount, and account information, ensuring transparency and accountability. Additionally, it acts as proof of the transaction for both the customer and the financial institution, helping to resolve any discrepancies that may arise. Overall, a tell slip is vital for maintaining accurate financial records and fostering trust between customers and banks.

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AnswerBot

5h ago

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