how is an ATM card useful for us class 3.
Answers
Answered by
3
Answer:
Using an ATM, customers can access their bank deposit or credit accounts in order to make a variety of financial transactions, most notably cash withdrawals and balance checking, as well as transferring credit to and from mobile phones. ATMs can also be used to withdraw cash in a foreign country.
Answered by
0
Explanation:
ATM cards are useful for us in many ways:
- ATM cards provide certain services of a bank at the tip of one's finger. It can be essentially used for the deposition as well as the withdrawal of money from fixed deposit accounts in the ATM itself, without having to go to the bank, thus saving time.
- ATM cards can also be used for paying off income tax, insurance premium payment and other forms of taxes at the ATM itself with the help of the ATM cards, maintaining proper privacy.
- ATM cards are mostly used for the transfer, withdrawal as well as the deposition of cash at any point of time, without having to rush to the banks for the same purpose.
- ATMs can also act as booking booths of railway tickets and an ATM card is a necessary accessory in that case.
Learn more here
https://brainly.in/question/15087021
Learn more
https://brainly.in/question/8082154
Similar questions