What is ATM? How to withdraw money?

What is ATM

An ATM (Automated Teller Machine) is a self-service electronic device that allows users to perform various banking transactions, primarily withdrawing cash. To withdraw money from an ATM, follow these steps:

1. Locate an ATM: Find a nearby ATM from your bank's network. Most banks have ATMs conveniently placed in various locations like branches, shopping malls, gas stations, etc.

2. Insert your card: Insert your debit or ATM card into the card slot. Ensure it is facing the correct direction, as indicated on the machine.

3. Enter your PIN: Once your card is inserted, the ATM will prompt you to enter your Personal Identification Number (PIN). Enter your four to six-digit PIN securely without sharing it with anyone around you.

4. Choose "Withdrawal": The ATM will display several options on the screen. Choose the "Withdrawal" or "Cash Withdrawal" option.

5. Select the account: If you have multiple accounts linked to your card, select the one from which you want to withdraw money.

6. Enter the amount: Enter the amount you wish to withdraw. Ensure it doesn't exceed your account balance or the daily withdrawal limit set by your bank.

7. Confirm the transaction: Review the details on the screen to verify the amount and account information. If everything is correct, press the "Confirm" or "Proceed" button.

8. Collect your cash: The ATM will process your request, and if the transaction is successful, it will dispense the requested amount in cash. Take the cash from the machine.

9. Receipt option: The ATM may ask if you want a receipt for the transaction. You can choose to get a receipt for your records.

10. End the transaction: After collecting the cash and receipt (if chosen), end the transaction by selecting the "Finish" or "Exit" option on the screen.

11. Secure your card and cash: Remember to securely store your card back in your wallet or purse, and count the cash to ensure the correct amount was dispensed.

12. Leave the ATM: Ensure you leave the ATM area promptly, as a safety precaution to avoid potential security risks.

Please note that while ATMs are generally secure, it's essential to be cautious while using them. Keep your PIN confidential, shield the keypad when entering your PIN, and be aware of your surroundings to avoid any potential security threats.

This should give you a general idea of how to withdraw money from an ATM.