Question

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?
two fees, one to his bank and one to the bank who runs the ATM.
one fee, to his own bank. one fee, to the bank who runs the ATM.
no fees, using an ATM is usually free.

Answer 1

Adam will most likely have to pay for ATM usage fees.

ATM usage fees refers to the payment one makes when using an ATM machine especially if the bank card inserted is affiliated with another bank.

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Answer 2

The correct answer is

A.

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

I just took this test and got this right