How to Withdraw Cash from an Automated Teller Machine
Check to see which ATMs belong to your bank's network., Walk up or drive up to the ATM., Insert your ATM or debit card face up into the ATM., Select your language., Enter your Personal Identification Number (PIN)., Touch or press Withdraw from the...
Step-by-Step Guide
-
Step 1: Check to see which ATMs belong to your bank's network.
This way you will avoid having to pay processing fees.
Many banks belong to a large network so you can check on their website to find out which ATMs will not incur a processing fee. -
Step 2: Walk up or drive up to the ATM.
If you have children in your car it is much easier to use a drive-through ATM.
If you are walking up to a drive-through, watch out for cars. , Look for a diagram on the ATM to show you how to insert your card.
The machine will not accept your card or will send it back out if you insert it the wrong way.
Then you will know the correct direction to insert it. , In the U.S., you will usually be offered a choice of English or Spanish. , This is the number you would have given your bank when you opened your checking account.
If you forgot it, you will have to call your bank.
Then touch or press Enter or Go. , The ATM will ask you if you want to withdraw from your checking or savings account if you have both.
Some ATMs will offer preset amounts called "Fast Cash" where you can select $20, $40, $60, etc. , For example, if you want to withdraw $20 you would type
20.00 and press or touch ENTER or Confirm.
Remember that most ATMs only give cash in increments of $20, so don't request $25, $65, etc. , The cash will come out of a slot usually located in the lower left hand corner of the ATM.
If you do not have enough money in your checking account there will be a message stating this on the screen. , This could range from $1 to $5. , It is always a good idea to request a receipt and put it in your wallet until you have the chance to record the transaction in your checkbook., Always count your cash to make sure you received the correct amount.
If it is incorrect you will have to go into the bank during regular business hours to correct the problem. , This is a good opportunity to check balances, make transfers between checking and savings accounts or to make a deposit if your ATM offers these features.
Touch or press Yes or No when the screen asks if you want to make another transaction. , Remember to record the amount you withdrew into your checkbook or however you keep track of your checking account balances.
You can then toss out the receipt unless you need it for tax purposes. , Be particularly careful in airports and bus and train stations.
Politely ask the person to stand back farther, or you could find another ATM. , This way hidden cameras installed by thieves will not be able to read the numbers you type in.
Beware of card slots that look like they have been tacked onto the ATM., Try not to use them late at night and limit your visits to as few times per week as possible.
ATMs found in gas stations, grocery and convenience stores and kiosks have been found to have had fraudulent card reading devices more often than those located outside of banks. , This is the best way to guard against theft and fraud.
Notify your bank immediately if you notice any withdraws that you did not make.
You will not be liable beyond the first $50 if you report the fraud within 2 days and no more than $500 if you report ATM fraud within 60 days. -
Step 3: Insert your ATM or debit card face up into the ATM.
-
Step 4: Select your language.
-
Step 5: Enter your Personal Identification Number (PIN).
-
Step 6: Touch or press Withdraw from the main menu.
-
Step 7: Enter the amount of money you wish to withdraw.
-
Step 8: Wait while the machine processes your transaction.
-
Step 9: Press or touch Yes to accept the processing fee if this ATM is not in your bank's network.
-
Step 10: Press or touch Yes or No for a receipt or no receipt.
-
Step 11: Take your cash and receipt.
-
Step 12: Decide whether you would like to make another transaction.
-
Step 13: Take your card and walk or drive away with your cash.
-
Step 14: Make sure no one is looking over your shoulder when you are typing your PIN number.
-
Step 15: Cover the keypad or touch screen with your whole hand when you are typing in your PIN number.
-
Step 16: Use ATMs that have video surveillance and avoid those in dark
-
Step 17: isolated areas.
-
Step 18: Check your bank balances frequently.
Detailed Guide
This way you will avoid having to pay processing fees.
Many banks belong to a large network so you can check on their website to find out which ATMs will not incur a processing fee.
If you have children in your car it is much easier to use a drive-through ATM.
If you are walking up to a drive-through, watch out for cars. , Look for a diagram on the ATM to show you how to insert your card.
The machine will not accept your card or will send it back out if you insert it the wrong way.
Then you will know the correct direction to insert it. , In the U.S., you will usually be offered a choice of English or Spanish. , This is the number you would have given your bank when you opened your checking account.
If you forgot it, you will have to call your bank.
Then touch or press Enter or Go. , The ATM will ask you if you want to withdraw from your checking or savings account if you have both.
Some ATMs will offer preset amounts called "Fast Cash" where you can select $20, $40, $60, etc. , For example, if you want to withdraw $20 you would type
20.00 and press or touch ENTER or Confirm.
Remember that most ATMs only give cash in increments of $20, so don't request $25, $65, etc. , The cash will come out of a slot usually located in the lower left hand corner of the ATM.
If you do not have enough money in your checking account there will be a message stating this on the screen. , This could range from $1 to $5. , It is always a good idea to request a receipt and put it in your wallet until you have the chance to record the transaction in your checkbook., Always count your cash to make sure you received the correct amount.
If it is incorrect you will have to go into the bank during regular business hours to correct the problem. , This is a good opportunity to check balances, make transfers between checking and savings accounts or to make a deposit if your ATM offers these features.
Touch or press Yes or No when the screen asks if you want to make another transaction. , Remember to record the amount you withdrew into your checkbook or however you keep track of your checking account balances.
You can then toss out the receipt unless you need it for tax purposes. , Be particularly careful in airports and bus and train stations.
Politely ask the person to stand back farther, or you could find another ATM. , This way hidden cameras installed by thieves will not be able to read the numbers you type in.
Beware of card slots that look like they have been tacked onto the ATM., Try not to use them late at night and limit your visits to as few times per week as possible.
ATMs found in gas stations, grocery and convenience stores and kiosks have been found to have had fraudulent card reading devices more often than those located outside of banks. , This is the best way to guard against theft and fraud.
Notify your bank immediately if you notice any withdraws that you did not make.
You will not be liable beyond the first $50 if you report the fraud within 2 days and no more than $500 if you report ATM fraud within 60 days.
About the Author
Sara Diaz
Brings years of experience writing about crafts and related subjects.
Rate This Guide
How helpful was this guide? Click to rate: