ATM'S
ATM
Automated Teller Machine: permits the customer to make transactions by using a special computer terminal
ATMs are particularly helpful for people on regular schedules.
False
There are never fees associated with ATM transactions.
False
PIN
Personal Identification Number
ATM stands for Automated Teller Machine.
True
An ATM is a special computer terminal that permits the customer to make deposits and withdrawals whether the bank is open or not.
True
PIN stands for Personal Identification Number.
True
Security can be an issue with the use of ATMs.
True
Which of the following transactions can be accomplished with online banking?
View your account status. Transfer funds. Pay bills without going to the bank.
online banking
with a computer and appropriate software, it is possible to do most banking transactions from home