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What is an Animal Crossing bank account

What is an Animal Crossing bank account
It is where you can store your bells and then take them out when you want to. Also, it will give you interest (extra money) for keeping your money in it. The more money you have, the more interest you'll get! There is also many ways to cheat the bank account to get loads of bells, thought this comes with negative side effects. Hope I helped! :)