Question

What does ATM commonly refer to in banking?

• A. Advanced Transaction Module
• B. Automatic Transfer Mechanism
• C. Automated Teller Machine
• D. Account Transfer Management

Answer 1

Answer:

C. Automated Teller Machine

• ATM stands for Automated Teller Machine, a device that allows customers to perform financial transactions like withdrawals, deposits, and balance inquiries without the need for a bank teller.