Answer:
Number of ATMs or bank branches near where you live, shop, work, or travel.
Explanation:
As much as possible, your bank should be near where you live, shop, or work. The proximity will be advantageous in various ways, including.
- It will reduce costs by eliminating transport expense in banking operations.
- Proximity will foster a better business relationship with the bank. There are higher chances of meeting banking officials out of the work environment, which is likely to improve the relationship.
- Should there issues that need resolution in the bank, you will be able to resolve them more quickly.
- Formal communication between you and the bank will be enhanced. Banks use hard copy documents for the majority of their official transactions. Being close to the bank will make communication faster.
