first bank of wiki 1425 james st cityville, mi 40000 john jones 1643 dundas st w apt 27 cityville, mi 40000…

first bank of wiki 1425 james st cityville, mi 40000 john jones 1643 dundas st w apt 27 cityville, mi 40000 statement period account no. 2024 - 04 - 18 to 2024 - 05 - 18 0005 - 123 - 456 - 7 date description ref withdrawals deposits balance 2024 - 04 - 18 previous balance $0.00 $694.81 2024 - 04 - 24 payroll deposit - hotel 9685 $0.00 $695.36 2024 - 04 - 24 online bill payment - mastercard 9685 $200.00 $495.36 2024 - 04 - 26 atm withdrawal - interac 3990 $20.00 $475.36 2024 - 04 - 26 fees - interac $3.00 $472.36 2024 - 04 - 30 pos deb purchase - electronics 1975 $2.99 $469.37 2024 - 05 - 02 online bill payment - amex 3314 $300.00 $169.37 2024 - 05 - 03 atm withdrawal - electronics 6400 $100.00 $69.37 2024 - 05 - 07 pos deb purchase - supermarket 1559 $29.08 $40.29 2024 - 05 - 07 pos deb refund - supermarket 1975 $2.99 $43.28 2024 - 05 - 11 online bill payment - energy co. 2475 $28.74 $14.54 2024 - 05 - 12 payroll deposit - hotel $0.00 $694.81 2024 - 05 - 12 online funds transfer - from savings 2620 $50.00 $709.35 2024 - 05 - 14 online bill payment - insurance 3948 $146.67 $562.68 2024 - 05 - 15 check no. - 409 $100.00 $512.68 2024 - 05 - 15 check no. - 410 $70.49 $442.19 2024 - 05 - 16 fees - overdraft $35.00 $407.19 2024 - 05 - 18 fees - monthly maintenance $5.00 $402.19 totals $1,680.97 $1,442.61 3 multiple choice 1 point john has two atm transactions but only one of them has a fee (interac). why? first bank charges customers for using their atms. interac is an out - of - network atm and first bank charges customers if they use out - of - network atms. banks charge fees if you take out less than $100 at an atm machine. the first atm transaction is free but all additional atm transactions have a fee.

first bank of wiki 1425 james st cityville, mi 40000 john jones 1643 dundas st w apt 27 cityville, mi 40000 statement period account no. 2024 - 04 - 18 to 2024 - 05 - 18 0005 - 123 - 456 - 7 date description ref withdrawals deposits balance 2024 - 04 - 18 previous balance $0.00 $694.81 2024 - 04 - 24 payroll deposit - hotel 9685 $0.00 $695.36 2024 - 04 - 24 online bill payment - mastercard 9685 $200.00 $495.36 2024 - 04 - 26 atm withdrawal - interac 3990 $20.00 $475.36 2024 - 04 - 26 fees - interac $3.00 $472.36 2024 - 04 - 30 pos deb purchase - electronics 1975 $2.99 $469.37 2024 - 05 - 02 online bill payment - amex 3314 $300.00 $169.37 2024 - 05 - 03 atm withdrawal - electronics 6400 $100.00 $69.37 2024 - 05 - 07 pos deb purchase - supermarket 1559 $29.08 $40.29 2024 - 05 - 07 pos deb refund - supermarket 1975 $2.99 $43.28 2024 - 05 - 11 online bill payment - energy co. 2475 $28.74 $14.54 2024 - 05 - 12 payroll deposit - hotel $0.00 $694.81 2024 - 05 - 12 online funds transfer - from savings 2620 $50.00 $709.35 2024 - 05 - 14 online bill payment - insurance 3948 $146.67 $562.68 2024 - 05 - 15 check no. - 409 $100.00 $512.68 2024 - 05 - 15 check no. - 410 $70.49 $442.19 2024 - 05 - 16 fees - overdraft $35.00 $407.19 2024 - 05 - 18 fees - monthly maintenance $5.00 $402.19 totals $1,680.97 $1,442.61 3 multiple choice 1 point john has two atm transactions but only one of them has a fee (interac). why? first bank charges customers for using their atms. interac is an out - of - network atm and first bank charges customers if they use out - of - network atms. banks charge fees if you take out less than $100 at an atm machine. the first atm transaction is free but all additional atm transactions have a fee.

Answer

Brief Explanations:

Interac is often an out - of - network ATM service for many banks. Banks typically charge fees for using out - of - network ATMs. This explains why only the Interac ATM withdrawal has a fee while the other ATM transaction may not.

Answer:

Interac is an out - of - network ATM and First Bank charges customers if they use out - of - network ATMs.