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