Which device allows you to withdraw funds, deposit funds, and view your account balance?

Which device allows you to withdraw funds, deposit funds, and view your account balance?

• A. Bank Statement
• B. Debit Card
• C. Automatic Teller Machine
• D. Check

Answer: (C)

An ATM, short for Automatic Teller Machine, is the self-service device that lets you handle core banking tasks right away. By inserting your debit card and entering your PIN, you’re authenticated and can choose options to withdraw cash, deposit funds (cash or checks where supported), and view your account balance. The machine is connected to your bank’s network, so it processes these actions in real time and updates your account accordingly. A bank statement is just a record of activity, not a device you can use. A debit card enables you to access funds and make purchases, but you still need an ATM or point-of-sale terminal to actually withdraw money or check balances. A check is a payment instrument, not a device.

An ATM, short for Automatic Teller Machine, is the self-service device that lets you handle core banking tasks right away. By inserting your debit card and entering your PIN, you’re authenticated and can choose options to withdraw cash, deposit funds (cash or checks where supported), and view your account balance. The machine is connected to your bank’s network, so it processes these actions in real time and updates your account accordingly.

A bank statement is just a record of activity, not a device you can use. A debit card enables you to access funds and make purchases, but you still need an ATM or point-of-sale terminal to actually withdraw money or check balances. A check is a payment instrument, not a device.