Multiple choice

In e-banking, a customer need not visit a bank branch for his cash requirement as this can be easily met through

  1. tele-banking

  2. electronic funds transfer

  3. automated teller machine

  4. on-line banking
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

An automated teller machine (ATM) is an electronic banking outlet which allows customers to complete basic transactions without the aid of a branch representative or teller. Anyone with a credit card or debit card can access most ATMs. 

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