answersLogoWhite

0

No, ATMs are designed to detect counterfeit money and will not accept fake currency.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Continue Learning about Finance
Related Questions

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.


What happens if you put fake money in an ATM?

If you try to deposit fake money in an ATM, the machine will likely detect it as counterfeit and reject the deposit. Additionally, attempting to deposit fake money is illegal and can result in serious consequences, such as legal action and criminal charges.


What happens when you deposit money?

if you deposit a fake cash in a atm is depend on a bank security and the currency that you are depositing two thing will happens 1 is the atm accept your note as a real note or just recognize the note and spit it out or stop the transection and alert in that time police will arrive for investigation


What happens when you deposit counterfeit money?

if you deposit a fake cash in a atm is depend on a bank security and the currency that you are depositing two thing will happens 1 is the atm accept your note as a real note or just recognize the note and spit it out or stop the transection and alert in that time police will arrive for investigation


How much money can be deposited using an ATM?

It depends on the law or the place you stay. Few ATM's have deposit limits. but there are a large number of ATM's which virtually accept any amount to be deposited.


Can you withdraw money from any account from an ATM?

No- Only certain types of accounts allow ATM withdrawals. Typically checking accounts do and savings accounts do not . Moreover , the bank in which you hold your account and the bank or banking group which supports the ATM must have an agreement which will let it accept your ATM card. Your bank will tell you which accounts allow ATM withdrawals and where to find ATM's that will accept your card.


Are there ATM in Saudi Arabia that can accept maestro ATM card?

no


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.


What service are provided by ATM?

ATM are machines that banks use to bring money, providing a secure and easy way to get the money to their bank costumers. These days ATM's can 1. Dispense cash 2. Collect deposits 3. Recharge prepaid mobile numbers 4. Accept cheque book requests etc...


Is it possible to deposit a cashier's check at an ATM?

Yes, it is possible to deposit a cashier's check at an ATM, as long as the ATM is equipped to accept check deposits.


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.