answersLogoWhite

0

Before the invention of ATM's, everyone had to physically walk into a bank and withdraw cash 'over the counter'.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

Do ATMs accept counterfeit money?

No, ATMs do not accept counterfeit money.


How do ATMS affect people who have their money stored in banks?

Almost no correlation...


Can ATMs run out of money?

Yes, that is why they have armed people filling them up all the time.


What Banks ATMs in Mexico accepts American Express card for money withdrawal?

HSBC ATMs allow for this.


Whether ATM has money inside?

Yes ATMs have money in side of them


Do ATMs give a receipt before or after you take the cash?

After


How do ATMs have money?

They are refilled with money when they are serviced; but it wouldn't be too surprising to find them just printing it!


Will the ATM accept fake money?

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


Will the ATM reject counterfeit money?

Yes, ATMs are equipped with counterfeit detection technology to reject counterfeit money.


Is there an ATM in Dublin airport?

There are banks in Dublin Airport. You would be able to get money from their ATMs that are there.


What types of people use ATMs?

People who need to withdraw money from their bank account/credit card so that they may spend/purchase in situations where debit/credit cards would not be usable.


Is ATM machine a real time communication?

Yes, it is. The ATM machine has to communicate with it's respective bank in order toA. Confirm you actually have enough money to withdraw from your account, andB. To add deposited money to that accountJust think, if ATMs didn't communicate with a bank in real time, someone could organize a group of people to continuously withdraw money from an account, and without the ATMs communicating, they could go on until the ATM runs out of money.