Question

question 10
3 pts
which is the best example of a way to reduce fees paid for atm transactions?
google translate
a person uses any convenient atm machine but only at night and on the weekends.
use your banks atm machine.
when using an atm machine, a person takes only $20 each time out of the atm
machine located in a neighborhood store.
a person uses any nearby bank atm machine rather than going to a branch of the
issuing bank to make the atm withdrawals.

Explanation:

Banks typically charge fees for using non - affiliated ATMs. Using your own bank's ATM machine means you are using an affiliated ATM, and thus, you can avoid or reduce the fees associated with using an ATM from another bank. Option A: Using any convenient ATM (which is likely non - affiliated) at night/weekends won't reduce fees. Option C: Taking a small amount from a neighborhood store's ATM (non - affiliated) will still have fees and may even lead to more fees due to multiple transactions. Option D: Using any nearby bank's ATM (which may be non - affiliated with your bank) won't reduce fees.

Answer:

B. Use your bank's ATM machine.