Question

Which of the following is typically not a feature of checking accounts? A. ATM transactions B. Interest C. A debit card D. A minimum balance

Answer 1

A.atm transaction.................

Answer 2

ATM Transactions is not a feature of checking accounts

Answer: Option A

Explanation:

Feature of checking accounts:

• Checking Account Bonuses and Rewards
• Interest-Bearing Checking
• No-Fee Checking Accounts
• Overdraft Protection and Low Overdraft Fees
• Online Banking and Mobile Apps
• Keep the Change Savings Options
• Superior Customer Service

Banks play a key role in the economy, so a financially healthy banks g sector is essential to the nation’s economic well-being. In the 'past twenty-five years', banks have been challenged by financial innovations, deregulation, and globalization. In the process, commercial bank profitability has influenced significantly.