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Try to wait until they're older, because it may be a bit confusing to them at their current age. If you can't, then show them how it works and see if that will show them.

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14y ago
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Q: How do you explain to a 3 year old that money from an ATM is not FREE money?
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What if you forget to take you money at an ATM?

If you forget to take the money at an ATM machine, the machine will take back the cash and keep it inside safely. Your account will not be credited with the amount that was just taken back by the ATM. You need to call up customer care and explain the situation. The bank will check the ATM cash balance and then refund the money, if the machine had indeed taken back the money.


How do you transfer money ATM to ATM?

You draw the money from the first ATM, then you walk/crawl/fly/swim to the other ATM and deposit it into that ATM.


How do you transfer a money from ATM to ATM?

You cannot money form one ATM to another ATM, you need to go to the bank to tranfer money to another account.


What year were ATM cards invented?

ATM cards were invented in 1966. From then until the mid-1990s, they were commonly called Money Access Center (MAC) cards. Another name for the ATM card is "debit card."


Does N2 behave more ideally at 1 ATM or at 500 ATM please explain?

At 1 atm, because the pressure is lower.


Whom to complain if money does not come out of ATM in a bank?

First you must have money in your account before ATM will dispense money. Then contact your banking institution, their # is on the back of the ATM card.


What does the ATM consist of?

the ATM consists of money that you can take or cash in


Can you get money at ATM if you lost pin?

i lost my atm pin


Is there money in an ATM?

Of course there is ! The whole point of an ATM - is to issue money on demand - especially if the banks are closed !


How much money can be withdrawn from SBI ATM at a time?

how much money we can withdraw from sbi atm at a time


What are you do your ATM have blocked?

If your ATM card is blocked, call up customer care and explain the situation. They will reset the PIN number and send you a new PIN using which you can start using your ATM card. If your ATM card is stolen and you want to block it, call up customer care and explain them that your ATM card is stolen and they will block it for you.


What will you do if you withdraw from ATM but the ATM did not dispense the money?

If I tried to withdraw money from the ATM but the machine did not dispense the money, I will check if the money has been debited from my account. If the money is gone, then I will raise a formal complaint with the banks customer care department about the same. The bank will verify their ATM Records to confirm that the machine did not dispense the money and then credit the amount back into your account.