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In this tutorial, Jerry from Unique Tutorials explains how to send money to any bank account using SMS, a feature available exclusively for Indian users. He advises that those living outside India can skip the video but can still watch to understand the process. The first step involves downloading a specific app called PIM Applications and registering your mobile number. Once registration is complete, the tutorial will guide you through transferring money to bank accounts using SMS functionality. Jerry emphasizes the importance of following the installation and registration steps before demonstrating the money transfer process.