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Is balance enquiry in ATM is taken as a transaction?

Updated: 8/20/2019
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11y ago

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no,it is just an acknowledgement taken by the user from the provider.

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11y ago
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Q: Is balance enquiry in ATM is taken as a transaction?
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How can i check my account ATM much how money left in your balance?

Go to ATM machine , insert your card, pass your password/pin there, and do the balance enquiry


What does D mean on a ATM statement?

D stands for Debit on an ATM statement. A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account.


Can you check your blance ATM?

Yes you can check your bank balance at the ATM. All you need is a valid ATM card and a PIN number. If you possess that, first insert the card into the machine and enter the PIN number. When the ATM asks you which transaction to perform - choose Balance Inquiry and the machine will display the balance for you.


What means of debit?

A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account.


What does debit an account mean?

A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account.


The role of ATM in business transaction?

what are the roles of ATM in business transaction.


How can you maintain reconciliation of ATM transaction?

Keep ATM receipts. Check ATM receipts against bank statement. Ensure the balance on the bank statement is correct, and all transactions have been reconciled.


What is On us transaction?

The transaction done by a user of your Bank ATM on another Banks ATM Machine is called Remote on Us Transaction


What is meant by not on-us transaction in banking domain?

The non ON-US transaction is the transaction, which is made on the ATM or POS terminal of the bank other then the bank that issued the card. For an example, if I swiped my ICICI credit card in ICICI ATM, then the transaction is called ON-US transaction. If I swipe my ICICI card in the ATM other then ICICI ATM, then the transaction is called non ON-US transaction.


What is meant by not on us transaction in banking domain?

The non ON-US transaction is the transaction, which is made on the ATM or POS terminal of the bank other then the bank that issued the card. For an example, if I swiped my ICICI credit card in ICICI ATM, then the transaction is called ON-US transaction. If I swipe my ICICI card in the ATM other then ICICI ATM, then the transaction is called non ON-US transaction.


What is remote on us transaction?

The transaction done by a user of your Bank ATM on another Banks ATM Machine is called Remote on Us Transaction