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How is ATM useful for us?

Updated: 9/28/2023

Wiki User

∙ 11y ago

Best Answer

Many ATM's allow the user to make deposits as well as withdrawals. This means you no longer need to waste (often considerable) time in a bank's queue waiting to speak to a cashier.

Wiki User

∙ 11y ago

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What are disadvantages of ATM machine?

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.

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.

What is the meaning of ATM custodian?

ATM custodian is someone who maintains an ATM.

What is ATM simulator?

ATM Simulator is basically an application software which acts as a simulation to ATM.

How do an ATM read an ATM pin?

ATM card readers built inside the ATM machines can read the magnetic strip that contains every information about the ATM card including the PIN number.

Related questions

Can State bank of India ATM debit card be useful in US for shopping etc?

can state bank of india atm debit card be useful in USA for shopping etc

How ATM is useful?

An ATM (Automated Teller Machine) allows you to withdraw money from a bank account without visiting a bank. If you are at a supermarket, money is useful. And an ATM is also handy when the banks are shut.

How do ATMs help us?

how does atm helps us

Is nuclear-deal useful for us-why?

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What Bank has the most ATM's in the US?

Bank of America has the most ATM's in the U.S., with 18,426.

How many ATM's are in the US?

370,000

What is On us transaction?

The transaction done by a user of your Bank ATM on another Banks ATM Machine is called Remote on Us Transaction

What is remote on us transaction?

The transaction done by a user of your Bank ATM on another Banks ATM Machine is called Remote on Us Transaction

What is meant by not on-us transaction in banking domain?

The non ON-US transaction is the transaction, which is made on the ATM or POS terminal of the bank other then the bank that issued the card. For an example, if I swiped my ICICI credit card in ICICI ATM, then the transaction is called ON-US transaction. If I swipe my ICICI card in the ATM other then ICICI ATM, then the transaction is called non ON-US transaction.

What is meant by not on us transaction in banking domain?

The non ON-US transaction is the transaction, which is made on the ATM or POS terminal of the bank other then the bank that issued the card. For an example, if I swiped my ICICI credit card in ICICI ATM, then the transaction is called ON-US transaction. If I swipe my ICICI card in the ATM other then ICICI ATM, then the transaction is called non ON-US transaction.

Can you activate your BPI ATM card in the us?

yes

What is useful to us?

Gorillas are useful towards us humans because it gives us an idea on our ancestry.

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