Question

Customers are allowed ______ over-the-counter withdrawals per month from the share and/or club account, and thereafter its a fee of ______ per OTC withdrawal.

Answer 1

The subject of this question is Business and the grade is High School. The question is about the withdrawal policy of a share and/or club account, specifically regarding the number of OTC withdrawals allowed per month and the fee for exceeding that limit.

Step-by-step explanation:

The subject of this question is Business and the grade is High School.

In this context, the question is referring to the withdrawal policy of a share and/or club account, which is a concept related to personal finance and banking. It mentions that customers are allowed a certain number of over-the-counter (OTC) withdrawals per month without incurring a fee. After exceeding this limit, each subsequent OTC withdrawal will be subject to a fee.

For example, if the question is asking how many OTC withdrawals are allowed and what is the fee per withdrawal, the answer could be something like:

1. Customers are allowed 5 over-the-counter withdrawals per month from the share and/or club account.
2. After exceeding this limit, each additional OTC withdrawal will incur a fee of $2 per withdrawal.