traditional banking system approves transaction at
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The traditional banking system approves transactions at the bank.
- The most fundamental difference between traditional banking and online banking is the availability of a physical location.
- A conventional bank has national and regional headquarters as well as branches throughout the nations in which it operates.
- Many conventional banks have their ATMs with their logos on them.
- Smaller conventional banks may combine to run a large number of branches to save money.
- Traditional banks were first chosen because of their convenience and ability to communicate with customers in person, as well as the availability of local branches.
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