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What is the penalty of using an ATM of another bank?
There usually is a penalty for using an ATM at another bank. This penalty is usually just a small monetary fee.
What is the penalty for using the atm of another bank?
your bank and the other bank may charge you a fee.
What is the penalty for using the ATM of a bank that is not your bank?
you get a fee from the bank
What is the type penalty for using the ATM of a bank that is not your bank?
Financial in the form of a fee.
What do own banks ATM mean?
Own Bank ATM means that the Bank owns the ATM. If you are a customer of this bank then there is (usually) no charge from withdrawing your own money from your account using this ATM. If the ATM were owned by another bank, you would most likely have to pay a charge to withdraw money from your bank's account.
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
Can you transfer money to one account to another through ATM?
Yes. Most ATM machines these days come with capabilities to transfer money to other accounts of the same bank. If you have an account with say XYZ bank and use the ATM of the XYZ bank, you can transfer money to any other customer who has a XYZ bank account using that ATM. Note: Not all banks have this feature but there are many banks that do so.
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
When would an ATM charge a you a fee?
When you're using a generic ATM that's not linked to any bank. Or if you're using another bank's ATM that your card isn't associated with.
What fees are there that come with using a Visa Cash card?
There are typically no fees for using a Visa cash or debit cards for shopping transactions or ATM withdralws in ones own country. The only exception may be making cash withdrawals from another banks ATM network. Some card issuers will charge a fee for this. Using the card abroad at ATM's or for shopping will usually incur a currency conversion charge.fee plus a flat rate overseas ATM fee.
What is the penalty for steling the elderlys money using the elderly persons ATM card?
That depends what country you're in ! The crime committed is fraud and/or theft. The penalty depends on the judge at the trial !
What is an ATM and what is it's purpose?
An ATM stands for Automated Teller Machine. It is a machine that is connected to a banks network which is accessible to all the banks customers. Every customer is given a magnetic card which is specific to their account and customers can access their bank account using their respective card in the ATM. They can avail services like balance inquiry, cash withdrawal, print out mini-statement, transfer funds using an ATM.
