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It depends on your definition of the term "necessary." Ultimately it comes down to who is bearing the risk of theft - usually it will be shared between the insurer and the bank who owns the ATM. Most insurers will require CCTV systems on all ATM's (including ones in urban places). CCTV systems are so cheap and easy to install these days that it really wouldn't make sense for a bank to not install one near an ATM...

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16y ago

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