0
Below are the steps as to how it works:
- Customer visits the ATM and inserts his card into the machine
- ATM reads the magnetic stripe to identify the user
- ATM prompts the user to enter his identification pin number
- If the user enters an incorrect pin, the transaction is cancelled and the card is returned
- If the user enters the correct pin, the machine shows him a menu of operations like withdrawal, deposit, balance inquiry etc.
- User chooses his option - Ex: Withdraw cash
- Machine connects to the bank database to check if the user has sufficient balance in his account to successfully complete the withdrawal transaction
- If so, the machine dispenses cash that the user asked for
- Machine updates users account with the withdrawal and updates the balance accordingly
- Machine returns the card and a receipt advise on the transaction just performed
- User takes his card and leaves the ATM
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
How do you use an ATM?
you use ATM to withdraw money when you need it. it's is like a bankbook that is handy. you can also use it as a debit card. you can shop items and pay with your ATM that the amount will be deducted from your balance in the account.
How to work ATM?
the ATM is a machine what we can use to take money everyv time we want
Can you deposit cash on ATM machine?
No, an ATM machine allows you to withdraw money. You have to use a Cash Deposit machine.
Why we use ATM?
Because - banks aren't open 24/7... ATM's are ! You can use an ATM at 9:30am.... or at midnight !
What if you accidentally use an ATM card that was left in the machine?
If you use an ATM card that is accidently left at the ATM Machine you can be held with charges of theft and fraud. Inform the law authorities or the concerned bank immediatly one you receive such cards.
What does ATM RFD mean?
The words ATM RFD on a bank statement have to do with ATM machine use. ATM RFD means ATM refund.
How do you use the word ATM in a sentence?
you use ATM in a sentence like,the ATM machine was broken so i went to the bank stuff like that to.
How do you use ATM for shopping?
You use an ATM to withdraw cash from your bank account - then use the cash to go shopping !
Can you use a ATM without a card?
No, all ATM's need a card to function.
Can you use ATM card for shopping?
The only place or time you can use your ATM card for shopping is GracieGrace in the city.
Is there chase bank in Trinidad?
can i use a chase atm at rbc in trinidad
Are there any products on the market that support ATM?
•What products that support ATM are available in the market? •How will application programs use ATM?
How do you use an ATM?
you use ATM to withdraw money when you need it. it's is like a bankbook that is handy. you can also use it as a debit card. you can shop items and pay with your ATM that the amount will be deducted from your balance in the account.
What is wireless ATM?
Its the ATM Service that use wireless network services for data transfer, these are generally used in mobile ATM vans
How much does it cost to use a Bank of America ATM?
If someone has a bank account with Bank of America it is free to use the ATM.
How much do they charge when you use an ATM?
Depends on the atm. They all charge different amounts.
How to work ATM?
the ATM is a machine what we can use to take money everyv time we want
