Zoho Bookings & SalesIQ Alignment

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Withdraw 
Withdraw is defined as the process of taking money out of an account, ATM, digital wallet, or investment vehicle.

For instance, withdrawing ₹2,000 from an ATM constitutes a withdrawal from  your bank account.


How to Understand :  

The act of withdrawal is the opposite of depositing; it involves the movement of funds
out of your account.

Importance :

It facilitates access to cash whenever needed, enhancing financial flexibility.
Withdrawals are necessary for transactions that cannot be conducted digitally, such as  cash purchases.
They play a crucial role in managing liquidity and addressing emergency financial needs.
Monitoring withdrawals is important for tracking personal cash flow and understanding  spending patterns.

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