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Question

Enumerate any benefits which an ATM offer to its customers.

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Solution

An ATM provides the followings services to the customers :

(i) By using an ATM, a customer can access his bank account in order to make cash withdrawals at any time from any where.

(ii) A customer can make a deposit to any account linked with card.

(iii) A customer is able to make a transfer of money between any two accounts linked to the ATM card.

(iv) A customer can make a transfer of money between any two accounts linked to the card.


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