Q. Which among the following definitions are correct: (Solved)
1. Online ATMS – These ATMs are connected to the bank’s database at all times and provide real time transactions online. The withdrawal limits and account balances are constantly monitored by the bank.
2. Offline ATMs – These ATMs are not connected to bank’s database hence they have a pre-defined withdrawal limit fixed and you can withdraw that amount irrespective of the balance in your account.
3. Onsite ATM – The ATMs installed within a branch premises
4. All of the Above
5. None of These
- d. All of the Above