card is used to withdraw cash without going to a bank.
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Answered by
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Explanation:
Cardless Cash Withdrawal is a service which enables you to transfer cash to a beneficiary who does not have any bank account. ... The payee can withdraw cash from Cardless Cash Withdrawal* enabled ICICI Bank ATMs across India without the need of any ATM/ Debit Card.
Answered by
2
Answer:
Card is used yo withdraw cash without going to a bank is a facility provided by the bank.
Anytime money (ATM) cards, generally known as debit cards are used for withdrawal of cash from the designated ATM machine placed at different locations.
Explanation:
In accounting, withdrawing cash through ATM has a contra effect.
Journal Entry:
Cash A/--------------Dr
To Bank A/c
(Being cash withdrawn from bank using ATM card)
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