Asked by Celene Acuna on Apr 29, 2024
Verified
Banking machine operated by inserting a debit,credit,or bank card and entering a personal identification number code
A) ABA number
B) agent
C) ATM
D) bank statement
E) cashier's check
F) certified check
G) check register
H) checking account
I) currency
J) deposit
ATM
An Automated Teller Machine, a banking terminal that allows customers to perform financial transactions, such as cash withdrawals and deposits, without the need for a human cashier.
Debit
To deduct, to charge; a charge added to existing balance.
Personal Identification Number
A unique numerical code used in securing access to accounts or systems, often a password or security measure.
- Comprehend the transactions conducted through electronic banking and the significance of digital banking in the modern era.
- Familiarize and learn different financial terms pertinent to checks and deposits and their explanations.
Verified Answer
Learning Objectives
- Comprehend the transactions conducted through electronic banking and the significance of digital banking in the modern era.
- Familiarize and learn different financial terms pertinent to checks and deposits and their explanations.
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