Banking · Digital Banking Channels
How do Cash Recycling Machines (CRMs) primarily contribute to customer acquisition and retention for banks?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1By eliminating the need for any customer interaction.
- 2By allowing cash deposits and withdrawals beyond standard business hours.✓
- 3By offering services only to customers with premium bank accounts.
- 4By limiting cash deposit services to business hours only.
Correct answer
By allowing cash deposits and withdrawals beyond standard business hours.
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