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Actually an ATM has a lot of benefits because it provides banking services to customers anytime they want (even on weekends or holidays) and so it is extremely useful.

The only disadvantage I can think of is:

a. If someone takes your ATM card and if they incidentally know your ATM PIN as well, they can withdraw money from your account without your knowledge. So it is very important to keep our ATM card safe and not share the PIN number with anyone else.

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Wiki User

14y ago

What else can I help you with?