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Isn't ATM is like havala of money?

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Anonymous

14y ago
Updated: 8/16/2019

The ATM is like a place where you put in checks and credit cards to make service faster

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Wiki User

14y ago

What else can I help you with?

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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.


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.


Can you get money at ATM if you lost pin?

i lost my atm pin


What does the ATM consist of?

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


How much money can be withdrawn from SBI ATM at a time?

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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 do you use an ATM?

you use ATM to withdraw money when you need it. it's is like a bankbook that is handy. you can also use it as a debit card. you can shop items and pay with your ATM that the amount will be deducted from your balance in the account.


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.


Is withdrawing money from an ATM an example of batch processing?

No, withdrawing money from an ATM is an example of Real-Time Processing as you are taking money out/putting in at that moment.


Is it possible to deposit fake money into an ATM?

No, it is not possible to deposit fake money into an ATM as the machine is designed to detect counterfeit currency.