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If by bank machine you mean 'cash dispenser' as we call them in the UK then your very unlikely to see the money again, once the machine has dispensed the cash it is deducted from your bank account or credit card, the next person to come along will take the cash, on very rare occasion's they may take it into the bank (if its open) or hand it in to the Police, but chances are you've lost it for good.
What else can I help you with?
What if you forget to take you money at an ATM?
If you forget to take the money at an ATM machine, the machine will take back the cash and keep it inside safely. Your account will not be credited with the amount that was just taken back by the ATM. You need to call up customer care and explain the situation. The bank will check the ATM cash balance and then refund the money, if the machine had indeed taken back the money.
What happens if you forget to take your money from the bank machine?
The ATM would retract the cash if you do not take it out within 15 seconds or so. The time depends on the machine. The amount would anyways be debited from the account. Then you must visit your branch and raise a written complaint about the incident. The bank would then tally its accounts of the net credits and debits in the ATM machine on that particular day and if it finds that your claim was genuine it would revert the transaction. There is no guarantee that the bank would reverse the transaction and give you the cash if you fail to pick it up from the machine.
What happens to your money in the bank?
your money is problably not kept in the bank but its loaned to other banks and other banks loan to your bank
Where did the banks get their money in the first place?
Money is just paper, it is printed off in factories or a bank machine, then distributed through the bank
How do banks count money?
They have a counting machine to count the money and there always use to have bank counting money machines
What happens if your bank goes to bankruptcy and you owe money to them?
You still owe money.
A machine where a customer's money is kept?
there are several: in a shop it is called a cash register, in a bank it is called a till, or a vault, outside of the bank it is called an ATM machine.
What are the benefits to keeping money in the bank as opposed to leaving it at home?
Keeping money in a bank is more beneficial than leaving it in your house because money can earn interest in a bank. Plus, if you try to hide your money at home, it's easy to forget where you put it.
What happens if a large deposit is made in a bank?
The bank would deposit a portion of the money with the central bank and then think of ways to lend this money and earn an income out of it.
What happens to the money that you deposit in a savings account at a bank?
When you deposit money in a savings account at a bank, the bank uses that money to make loans to other customers and earn interest. In return, the bank pays you interest on the money you have deposited in your savings account.
What happens during bank runs?
customers attempt to withdraw more money than the bank has on hand
What does pim mean on a hsbc bank statement?
Paying In Machine - Mostly used at HSBC Regards
