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Site Home » Investment & Finance » ATM
 

An Introduction To ATMs

 
Author: Eric Morris
 

The invention of the Automated Teller Machines or ATMs have made banking more convenient as people would not have to go inside the bank and wait for tellers to help them. In addition to this, people can also access these ATMs all day long and they are located in various locations such as the mall or parks, which saves time since people would not have to go to the bank in case they run out of cash. However, using these machines has some risks. People who use them are not given the same security they would usually get when they are inside a bank. Fortunately, there are some steps people can take, which can give them a certain level of security as they withdraw their hard-earned money. Below are some of these security measures.

Timing

Most ATM robberies occur at night, because robbers take advantage of the darkness to hide or to not be recognized, so as much as possible, you should make your withdrawal during the daytime. However, if you have no choice, you should look for an ATM machine in a well-lighted and high-traffic area and it would also be a good idea to bring someone along when you when you withdraw during night time.

"Strangers"

When using the machine, you should also be able to scan the area for suspicious looking persons, and if you see one lurking around, it would be better to move along and find another machine. If you can, draw attention to the man by shouting something that would attract people's attention. You should also memorize your PIN number to make the transaction faster and to ensure that no one would see it. This is because if it takes you a long time to punch it in or if you would have to get a piece of paper from your wallet, the chances of other people seeing it is higher.

You should also never accept help or offer help to suspicious looking characters who may be ahead of you in the line as some robbers use this opportunity to rob you. In addition to this, when you receive money from the machine, you should put away your money as fast as you can, get your card and walk away.

Using ATMs is very convenient, but it is also risky, as you are vulnerable to being mugged while using them. Fortunately, there are some safety-measures that you can take, which can help you make your ATM transactions more secure and safe.

 
 
 

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