What are the two methods to open new deposit accounts?

The correct answer highlights two modern and widely accepted methods for opening new deposit accounts: in-branch and online. Opening accounts in-branch allows customers to have face-to-face interactions with bank representatives, providing them with personalized assistance and the ability to ask questions directly. This method is particularly valuable for individuals who may have complex inquiries or prefer human interaction.

On the other hand, opening accounts online offers convenience and efficiency, aligning with the growing trend of digital banking. This method allows customers to open accounts from anywhere at any time, significantly reducing the time and effort required compared to traditional methods. As more consumers become accustomed to online services, providing both in-branch and online options caters to a wider range of customer preferences.

This combination reflects the dual approach many financial institutions are adopting: maintaining physical locations while also embracing the digital transformation in banking services.