ATM or automated teller machine plays an important role in bringing a revolutionary change in financial sector. ATMs provide outstanding convenience along with a variety of banking service available at many locations. The ATM counters are located at almost each and every place providing convenience to customers of withdrawing money at anyplace and at anytime.It really seems surprising that a small, wallet sized cards allow you to access to ATM machine and withdrawing cash from bank accounts. The only thing you need to put in the machine is your personal Identification Number which you cannot disclose to anyone. The use of this card eliminates the need for paper check and carrying cash. Now, people do not need to carry cash whether they are going for shopping or any restaurant, they don’t need to carry cash anymore. They can make all the transaction through ATM debit card or credit card.
ATM’s can be accessed through any associate network with an active account holder’s card.
ATM services:
When accessing an ATM, customers discover a myriad of service designed to make the banking experience a quick and a convenient one.
Deposits: Deposits can be made at anyplace and at anytime within a nationwide network.
Withdrawals: With an ATM card and personal Identification number, you can withdraw cash up to Rs. 25,000 in a day.
Round the clock service: ATMs are accessible 24/7 which allows the customers to tailor their banking needs according to their own schedule.
Mini statements: You can bring out mini statements of your transaction which describes each and every transaction amount with date and time.Usage fees: There are no usage fees of using ATM cards for withdrawing, depositing and transferring money.
An ATM card helps an account holder to keep control of finances through a better tracking process. On monthly statements, each transaction has been described with the amount and corresponding date. In fact, the ATM services have largely eliminated the potential of unintended overdrafts.
I have found my local ATM to be helpful in depositing my paycheck and keeping me on track with my budget. Every week, I put my check in, and I only take out the cash I will need to get through the week. This means I stay on budget, and I don't spend any extra money. It is helpful because I am saving for a house when my girlfriend and I get married.
ReplyDelete