The Cassil National Bank charges its customers $0.50 per transaction for using the ATM machine,if their deposit balance is below $500.It charges $0.25 per transaction for using the ATM if their deposit balance is between $500 and $1,000.If its customers' deposit balance is over $1,000,there is no charge for using the ATM machine.This is an example of:
A) an interchange fee.
B) an independent pricing schedule.
C) a conditional pricing schedule.
D) a surcharge fee.
E) None of the options are correct
Correct Answer:
Verified
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