Thursday, November 05, 2020

The reason of why always need to use ATM for withdrawal

 

When Automated Teller Machine was invented many people were happy because of the great change it brought to the financial world as it reduces the stress and workload of cashiers and that of the withdrawal who normally stand in a queue for hours in order to get their money withdrawn.

Not long after this, the use of POS, Point of Sale was introduced which makes withdrawal and sending of money easier as people can send and receive money without visiting their banks or Atm located in their banks.

But as technology keep improving, the thought of the people is that banking and transactions will be less tedious and challenging but the reverse is the case as we still see people waiting in a long queue to withdraw from their bank.

Every day there is still complaint of a network problem, been debited without receiving cash, Atm card swollen and the worst part of it is that people don't longer have free access to enter banks like before because of the Corona Virus Pandemic. Sometimes you have to wait for hours before you are attended to.

Since trading takes a vital role in the life of people who exchanges money for one item or the other on a daily and the fact that people can't do without the services of the bank, Here are 5 important reasons why you need to always make use of your bank ATM for withdrawal


1.Issue of Atm Swallowing an Atm Card

If your Atm card is mistakenly swollen by Automated Teller Machine during the course of withdrawing money, It will be easy for you to get your card back if you use your bank Atm to withdraw. Once you contact your bank, your Atm card will be returned back to you within 24hrs unlike using other banks Atm where you will be asked to wait for days.



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