Bank payment process diagrams can be designed using EdrawMax or EdrawMax Online as it has several predefined templates that make it very easy for students to create the payment process diagram. It should be noted here that banks used to batch and process payments overnight, but nowadays, they do this frequently each business day. As the below image suggests, the bank payment process begins with collecting rent from different individuals then recording the data into their monthly statement. Following this, the bank clerk will deposit the rent into individual or respective accounts, and then the respective account holders create statements. If these payments are not successful the first time because there is not enough money and an account, a bank may try again that day.
