IGCSE ICT: banking applications
ATM - correct answer-Automatic Teller Machine
ATMS are cash machines which can be used for: - correct answer-withdrawing cash,
depositing money, checking the balance of accounts, transferring money between accounts
1) - correct answer-Insert card
2) - correct answer-Type PIN (Personal Identification Number)
3) - correct answer-Choose transaction
4) - correct answer-Follow instructions
5) - correct answer-Take cash/Take statement/ Deposit cash
6) - correct answer-Take card out
Cheques clearing (Processing Cheques) - correct answer-Each cheque is passed through
an MICR Reader that can read special numbers
2nd - correct answer-Ink numbers are read
3rd - correct answer-Handwritten part (payee + value of payment) read by OCR or input
manually
ATM - correct answer-Automatic Teller Machine
ATMS are cash machines which can be used for: - correct answer-withdrawing cash,
depositing money, checking the balance of accounts, transferring money between accounts
1) - correct answer-Insert card
2) - correct answer-Type PIN (Personal Identification Number)
3) - correct answer-Choose transaction
4) - correct answer-Follow instructions
5) - correct answer-Take cash/Take statement/ Deposit cash
6) - correct answer-Take card out
Cheques clearing (Processing Cheques) - correct answer-Each cheque is passed through
an MICR Reader that can read special numbers
2nd - correct answer-Ink numbers are read
3rd - correct answer-Handwritten part (payee + value of payment) read by OCR or input
manually
