Question

Help> MEdal+ Fan

Answer 1

Adam is using an ATM to make a withdrawal. The ATM is affiliated with a different bank than the bank where Adam has his checking and savings accounts. How many fees will Adam most likely have to pay for using the ATM?

A.) two fees, one to his bank and one to the bank who runs the ATM
B.) one fee, to his own bank.
C.) one fee, to the bank who runs the ATM
D.) no fees, using an ATM is usually free.


Im thinking C......

Answer 2

Usually in the U.S.A. you will pay one fee to your bank and one fee to the owner of the ATM, so I would say A. That's been my experience with ATMs not controlled by my banks, but I'm not sure what a textbook would say for a general rule.

Answer 3

Thank you for explaining :)