The automated machine teller machine commonly known by its abbreviation ATM is a machine that enable customers to access their bank deposit or credit accounts in order to make a variety of financial transactions, and balance checking, as well as transferring credit to and from mobile phones and other devices.

Individuals making withdrawals from the ATM machines sometimes feels very bad whenever the machine couldn’t pay them or process their various transactions. At that point in time many questions pops up from their mind one of which is; what limits the ATM owners from putting enough money in it? How much can the ATM machine hold? These questions has been asked many times without getting any reply. For this reason, we have decided to state concisely all you need to know about the ATM machine and provide you with the right answers to question like;

How much can the ATM machine hold?

Before this question could be answered, firstly you need to know that ATM machines are made up of different types and sizes. With this knowledge, it’s paramount to know that the amount of money an ATM Machine hold really depends on the type of ATM Machine and the type of Cash Cassette.

Secondly, the type of businesses that goes on within a particular location also determines or influences the choice of ATM machine to be installed in an area.

In retail locations you’ll mostly see ATMs with dispensers that are easy to load but might have different capacities as well as longevity based on use (volume of transactions). Most retail based ATM Machines only have a few hundred to a few thousands of money and are loaded and unloaded daily to reduce the temptation of ATM theft which can cripple banks within a short period of time. ATMs can only hold so much cash and banks only have so much cash they can distribute to customers at any given time.

Why do bank impose ATM withdrawal limits?

The answer is not far from the fact that setting a limit on the amount of money that can be withdrawn at an ATM stand helps the bank to control the movement of available cash. Because of this they have limited the amount of money a particular customer can withdraw per day to enable them run a smooth business transactions and allow for money circulation.

Frequent asked question:

Why debiting me without cash?


When your ATM does not dispense cash, despite sufficient balance, chances are your card is getting penetrated by scammers. What you can do is, get a quick details of the ATM, time and amount you were trying to remove. Visit your bank notify the problem to them. They will immediately block your debit card and issue you a new one.

What is issuance inoperative?


The bank does not levy any charges to make the inoperative account active, according to RBI guidelines. An inactive bank account is termed inoperative if there have been no transactions in the account for over two years.  Once a bank account becomes inoperative, the account holder cannot transact using the account.

My ATM card is swallowed.

This can happen due to programing or network failure.

What to do,

Contact the bank associated with the ATM that swallowed your card and ask for instructions to retrieve the card. Most ATMs should have the issuing banks contact details on the machine. … Follow the instructions of the bank to get back the card. It usually takes 5 days to resolve.


Why insufficient fund?

Insufficient funds” is a bank account status that is also known as non-sufficient funds (NSF). If a transaction draws money from a bank account while the account balance is lower than the amount drawn, the account will thus be in the insufficient funds status. It is often referred to as a bad check or a bounced check.

By zeng

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