. How to deposit and withdraw cash from a bank account?
Answers
Answer:
The most efficient way to withdraw money from your bank account is by using an ATM. You can use a Debit card or an ATM card; each is associated with a different type of bank account. Debit cards are used to make purchases from a checking account, and can also be used at an ATM.
On the other hand, ATM cards can be used at ATMs, but not to make purchases. They are often linked to savings accounts, which generally have restrictions on making purchases.
To withdraw money from an ATM:
Traditionally, you will need a card to use an ATM, but some banks provide other options.
Insert the card into the slot on the machine.
Enter your four digit PIN (Personal Identification Number)
Navigate options either using the touch screen or with the number keypad.
Most accounts have daily withdrawal limits, and most machines only dispense cash in multiples of 20.
Remember that while ATMs owned by your bank normally don’t charge to use them, if you use an ATM outside of your bank’s network, you can be charged varying amounts for a transaction.
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