BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
You can do all of the following at an ATM except which of the following banking actions?
A
Check your account balance.
B
Get $40 cash from your account.
C
Deposit a paycheck to your account.
D
Transfer money from your account to someone else’s account.
Explanation: 

Detailed explanation-1: -ATM fetches your registered mobile number on the screen and displays it. Enter beneficiary’s account mobile number. Enter beneficiary’s account MMID. Enter the amount for fund transfer.

Detailed explanation-2: -The term Zero hour is NOT used in the banking field.

Detailed explanation-3: -Depositing a Check Into Someone Else’s Account Here’s what you’ll need to do: Ask the person to fill out a deposit slip showing their name, account number, deposit amount and date of deposit. Have them endorse the back of the check. Take the check and deposit slip to the bank and have a teller deposit it.

There is 1 question to complete.