select the correct answer. adam is using an atm to make a withdrawal. the atm is affiliated with a different…

select the correct answer. adam is using an atm to make a withdrawal. the atm is affiliated with a different bank than the bank where adam has his checking and savings accounts. how many fees will adam most likely have to pay for using the atm? a. two fees, one to his bank and one to the bank who runs the atm. b. one fee, to his own bank. c. one fee, to the bank who runs the atm. d. no fees, using an atm is usually free.

select the correct answer. adam is using an atm to make a withdrawal. the atm is affiliated with a different bank than the bank where adam has his checking and savings accounts. how many fees will adam most likely have to pay for using the atm? a. two fees, one to his bank and one to the bank who runs the atm. b. one fee, to his own bank. c. one fee, to the bank who runs the atm. d. no fees, using an atm is usually free.

Answer

Brief Explanation:

When using an out - of - network ATM (an ATM affiliated with a different bank), typically two fees are charged. One is by the bank that owns the ATM for the service of using their machine, and the other is by the account - holding bank for the out - of - network transaction.

Answer:

A. two fees, one to his bank and one to the bank who runs the ATM.