Know Thy ATM
I find that many people do not realise the full potential of the ATM machine. To many, it merely spits out cash. Coupled with the cash deposit machine, a crude funds transfer is possible. Therein lies the problem. Banks are trying to decrease the volume of customers at branches by investing in more and more of such automated machines-- hence creating the so-called "self-service branch". But customers misuse them due to lack of information. I see a lot of people withdrawing money and subsequently depositing them, without realising that such intrabank transfers can be performed online, via the ATM. The result is the same, the money gets transferred (but it is even safer as no physical notes are involved), but what they fail to realise is that when the money in the ATM runs out, it is rendered "out of service" (even non-monetary transactions are disallowed). And when the cash deposit machine is full of cash, it also ends up "out of service". So please do the right thing and keep the machines up and running for genuine folk really want to WITHDRAW money or DEPOSIT cash!
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Regards,
William
Comments
+Ant+
The problem with enabling ATM machines to multi-task is that people inevitably take so much more time to perform other more complicated tasks e.g. pay bills, apply for shares, top up phone cards. Withdraw cash takes less than 50 secs (it was demonstrated in an ad many years ago...could be faster now with the function "My ATM"). They take so much more time that I thought they are flirting with the machine ;-)
They need to hold the real receipts or printed on their utility bills.
Call them old fashion. But they said, "You never know when the machine will be wrong one day!"
Better just hand the money to them personally!
@QueenB:
Hehe. A public service message.
@Famil:
It is my mission to educate them!
@JJ:
Maybe they were humping the ATM. :P
@JL:
But intrabank transfers are free!
@Jewel:
Anything can go wrong! Even more so the manual way.
@Savante:
I don't think third party loan payments are available.