How does an automated teller machine aid in the customer's ability to conduct transactions whenever needed?
A) By processing payments in real time, electronically
B) By allowing a customer to have a line of credit until business can be conducted within regular banking hours
C) By taking deposits and making loans on demand
D) By allowing electronic account-related activities every day of the week, 24 hours a day
E) By transferring funds from the Reserve Bank to meet transaction needs

Question

Quizplus · Accepted Answer

An automated teller machine (ATM) allows customers to conduct electronic account-related activities every day of the week, 24 hours a day, providing convenience and accessibility to customers. They can check account balances, make deposits, withdraw cash, transfer funds, and perform other banking tasks at their convenience.

How Does an Automated Teller Machine Aid in the Customer's