BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Detailed explanation-1: -Most debit cards also can be used to withdraw cash at ATMs (automated teller machines).
Detailed explanation-2: -A debit card is a payment card that is linked to the funds in your account and can be used to withdraw or deposit cash at ATMs and be used at both in-person and online retailers.
Detailed explanation-3: -You can use your debit card at an automated teller machine, or ATM, to get money from your checking account. You also can get cash back when you use a debit card to buy something at a store.
Detailed explanation-4: -Debit card cash advance If you can’t visit a teller at your bank to make a withdrawal, go to a different bank. Ask about using your debit card to get a cash advance, which allows you to withdraw more cash than ATMs allow.