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Professional Development
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Practice Problem
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Hard
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1.
FLASHCARD QUESTION
Front
What is the main difference between an ABM and iABM?
Back
iABMs can accept cash and cheques deposits
2.
FLASHCARD QUESTION
Front
Sammuel called to inquire about the value and number of cheques that can be deposited at the iABM. Which option below would be in your response?
Back
Value of each cheque should not exceed $999,999 and no more than 10 cheques per deposit.
3.
FLASHCARD QUESTION
Front
Which of the following cannot be processed at the iABM?
Cheque payments to credit cards, Foreign currency cheques deposits, Payments directly to loan accounts, All options are correct
Back
All options are correct
4.
FLASHCARD QUESTION
Front
Gary Lue calls to check the balance on his savings account. What are some alternate channels that you can be provided to Gary to track his balance in the future?
Back
IVR, ABM, Personal online banking
5.
FLASHCARD QUESTION
Front
John Baptist stated that he is at the iABM to make a credit card cash payment, however he only has his Visa Debit card. What would be your solution?
Back
Deposit the cash to his savings account and do a bill payment from account to credit card
6.
FLASHCARD QUESTION
Front
All banking transactions at the iABM/ABM are backed by a debit or credit card.
Back
True
7.
FLASHCARD QUESTION
Front
What is the maximum withdrawal limit at the iABM?
Back
$100,000
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