An ATM or a Debit card is provided by the bank to all the savings and current account holders. An ATM card gives account holders the mobility to carry out transactions from anywhere anytime. However, there are certain restrictions related to the number of transactions, amount withdrawn and location. An ATM card is sent to the account holder at his/her given address or provided at the bank after the account is opened. Debit cards have become a very common tool for carrying out money transactions and it is crucial for everyone to know about their usage.
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