Which option describes a withdrawal?

Which option describes a withdrawal?

• A. A method to take out cash from your checking account using an ATM.
• B. A service to pay bills electronically.
• C. A method to deposit a check using mobile deposit.
• D. A method to write a check.

Answer: (A)

A withdrawal is when money is taken out of your account. An ATM cash withdrawal fits this perfectly because you are literally pulling cash from your checking balance. The other options describe different ways to move or use money but not cash in hand: electronic bill payment is an electronic transfer that pays someone else and reduces your balance, not taking cash; mobile deposit is putting money into your account; writing a check is a payment method that transfers funds when the recipient cashes the check, not a direct cash withdrawal.

A withdrawal is when money is taken out of your account. An ATM cash withdrawal fits this perfectly because you are literally pulling cash from your checking balance.

The other options describe different ways to move or use money but not cash in hand: electronic bill payment is an electronic transfer that pays someone else and reduces your balance, not taking cash; mobile deposit is putting money into your account; writing a check is a payment method that transfers funds when the recipient cashes the check, not a direct cash withdrawal.