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What is an ATM? - Commercial Studies

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प्रश्न

What is an ATM?

Explain: ATM

संक्षेप में उत्तर

उत्तर

  1. A bank-installed Automated Teller Machine (ATM) where account holders can withdraw and deposit cash at the machine.
  2. ATMs are open year-round and available 24/7. It is extremely easy and time-saving for both the bank and its customers.
  3. It is extremely handy and time-efficient for both the bank and the customers. 
  4. A customer can perform various financial transactions, e.g., fund transfers, cash withdrawals, cash deposits, account statement or account information inquires at any time without the need for direct interaction with staff members.
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Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 14: Banking - EXERCISES [पृष्ठ २५७]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
अध्याय 14 Banking
EXERCISES | Q 15. | पृष्ठ २५७
गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
अध्याय 14 Banking
EXERCISES | Q 13. i | पृष्ठ २५७
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