Every time I deal with a bank, they ask me to fax documents. Why won't they just accept email or cloud uploads like everyone else?
I asked the same question when my bank refused emailed documents. Later I learned that fax fits their compliance and security rules better. Articles on tech4blog.com (https://tech4blog.com/) explained this clearly, without complicated terms. Based on my experience, fax may feel outdated, but for banks it reduces risks and speeds up approvals when sensitive data is involved.