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State any two precautions while using an 'ATM'. - Commercial Studies

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Question

State any two precautions while using an 'ATM'.

Answer in Brief

Solution

When using an ATM, take the following precautions:

  1. Choose an ATM that is located within a bank or is manned 24 hours a day by a security guard.
  2. Avoid using ATMs that are in remote areas, dimly lit areas, or on the street.
  3. Do not write down your PIN number anywhere, especially not on your ATM card. Memorise it.
  4. Furthermore, don't tell anyone, including bank officials.
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Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
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Chapter 14: Banking - EXERCISES [Page 257]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 14 Banking
EXERCISES | Q 16. | Page 257
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