The least expensive method for banks to interact with their customers is:

Question

Quizplus · Accepted Answer

Interacting with customers through the internet is the least expensive method for banks as it eliminates the need for physical infrastructure and reduces staffing costs. With online banking, customers can perform transactions, check account balances, and do other banking activities from the comfort of their own homes, without the need for a personal interaction or a full-service teller. While ATMs are also an inexpensive option, they have limited functionality compared to online banking. Phone interactions with customers can be expensive due to the need for staffing call centers, and personal interactions with customers require costly brick-and-mortar branches.

The Least Expensive Method for Banks to Interact with Their