Method of withdrawing money without going to the bank is by _______.

cheque

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demand draft

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ATM

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mail transfer

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Solution

The correct option is D ATM
An automated teller machine(ATM) is an electronic banking outlet where basic banking services can be performed without going to the bank. The machine allows withdrawal of cash from one's bank account by using the debit card up to a certain extent. Such type of services made it easy to withdraw cash at anytime and anywhere.

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Similar questions

After making a withdrawal, the amount of money in Sunil's bank account decreased by 42.5%
Then he had 1,380 rupees left in his account.

How much money did Sunil withdraw?

Q. As per the notification issued by the banks, the "third party ATM usage" will now be restricted to certain withdrawals and limits only. What does it really mean?
A. The ATM cardholders will not be able to withdraw from other banks ATMs under any circumstances.
B. Customers of one bank may be able to withdraw only a limited amount from other banks ATMs.
C. ATM card holders will have to pay a fee if they withdraw money from other banks ATMs frequently.

Q. Withdrawal of money by the owner is not a expense but a reduction of __________.

Q. Principle : A person is said to do a thing fraudulently, if he does that thing with intent to defraud, but not otherwise.
Facts : 'A' occasionally hands over his ATM card to 'B' to withdraw money for 'A'. On one occasion 'B' without the knowledge of 'A',uses 'A's ATM card to find out the balance in 'A's account, but does not withdraw any money.

With the help of which machine withdrawing of money from the bank is possible?

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