Correct Answer: Using the internet to log in to and interact with your bank account
Explanation:
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More Retail Banking Industry And Processes MCQ Questions
Which of the following is a benefit of an offshore bank account?
What does the term "Nostro Account" imply?
Why do banks offer debit cards and off-site ATM machines?
What does FDIC stand for?
What is meant by the term "Discrete Compounding"?
Which of the following would not be covered by the FDIC?
What method would a consumer most likely use to move funds between their offshore account and their domestic account?
What amount would someone who has $500,000 in one bank and $250,000 in another bank be insured for in total?
What type of account would someone who wants the facility to pay people through checks open?
What is the payment that people receive after a mishap which leaves them in the same financial position as they were in before they suffered the loss called?