142
votes
Accepted
Is it legal to photograph and test ATMs?
Legal? Maybe. Legitimate? Absolutely Not.
I'm not qualified to guess whether documenting the make, model and location of ATMs is technically legal in your jurisdiction. A list like that isn't ...
- 772
65
votes
Is it legal to photograph and test ATMs?
In addition to skimmers, another reason to have photos like this is that some ATMs are poorly secured. A surprisingly common type of theft is to steal the whole ATM. Banks are poor targets as their ...
- 2,246
57
votes
Depositing and withdrawing money from another account to avoid ATM fee
This is dangerous as it is a typical a scam. Trudy convinces Bob to help her avoid an ATM free or some other pretense. She writes Bob a check for $100, but is willing to take only $80 to return the ...
- 76.1k
35
votes
Accepted
Depositing and withdrawing money from another account to avoid ATM fee
If it were a friend of mine, I'd do it without having any real qualms about it.
If it were simply "someone I knew", probably not.
Of course, if I trust them them enough to do that, I'd probably ...
- 2,280
30
votes
What is the point of ATM transaction limits?
It's rather common for an ATM to only be stocked with $20s and lower (or even with nothing but $20s). That means your $200 transaction limit might actually be a more customer-friendly way of saying ...
- 2,557
27
votes
Accepted
How can a debit/credit card PIN be updated remotely?
The EMV standard supports two (technically three) methods of verifying a PIN. In the first method ("online"), the PIN is encrypted and sent to the bank for verification. The other method ("offline") ...
- 2,105
25
votes
Can I use a credit card in an ATM to withdraw cash?
Each ATM, the machine, belongs to one or more networks. Those networks work with multiple types of cards. Each card belongs to one or more networks. The overlap of the networks the machine belongs to, ...
- 136k
25
votes
Is it legal to photograph and test ATMs?
I think it's a simpler scam
And I'm sure of that because they want Bitcoin ATMs specifically.
Scams work in small steps.
Right now, the instruction is to go out and take photos of the ATM machines ...
25
votes
Accepted
What is the point of ATM transaction limits?
Likely only your bank can answer this for sure, but I think we can make an educated guess as to some reasons for this. All of these ideas assume that it's in the bank's best interest to limit the ...
- 47.2k
18
votes
What is the point of ATM transaction limits?
i used to work for an institution that did this. it was because the per-transaction limit and the per-day limit were controlled in separate systems. they could raise the per-day limit on the card ...
- 2,992
17
votes
Can I use a credit card in an ATM to withdraw cash?
You can generally withdraw cash from an ATM with a major credit card. There are exceptions of course, but generally yes.
It's a terrible deal unless you are in the most dire of straits. Avoid it. ...
- 714
15
votes
Depositing and withdrawing money from another account to avoid ATM fee
There are at least a couple problems:
Your friend may not manage money well and so may not have enough money in the account. Check bounces. They get charged a fee. You get charged a fee. You ...
- 21k
14
votes
Bank of America's ATM 'ate' my rent money, and I'm kinda screwed. What steps should I be taking?
I've had a BofA ATM screw up a deposit too. They will get it right. Call BofA or go to the same branch in the morning, explain the problem and submit a dispute. In my case, they credited my account ...
- 24k
12
votes
Is it possible to deposit checks into our Chase checking from another bank's ATM?
You need to use a proper Chase bank ATM.
If there are none in your area, you could do it with your phone:
https://www.chase.com/online/digital/mobile-deposits.html
- 221
10
votes
Money withdrawn from ATM was stolen from tray when momentarily distracted
You should report the theft to the police. That is what it is. The police may also want to contact the ATM owner to get access to any security footage.
The ATM owner would only have responsibility if ...
- 136k
9
votes
Bank of America's ATM 'ate' my rent money, and I'm kinda screwed. What steps should I be taking?
There is usually a phone number on the side of the ATM to call for situations like this. That is where I would start.
Can you pursue a legal action? Sure, you could do that even if the machine didn't ...
- 53k
8
votes
Is an ATM legally obliged to display withdraw fees in the United States?
Yes (for the fees it is charging you)
Per the Electronic Funds Transfer Act, section 904(d)(3)(C):
No fee may be imposed by any automated teller machine operator... unless (i) the consumer ...
- 558
8
votes
Accepted
Obligations if an ATM dispenses too much money
You are obliged to report the error in writing to you Bank.
Scenario 1: Just for your transaction, the ATM counting machine dispensed additional $20. Generally the Bank recons per ATM, the actual ...
- 57k
8
votes
Is it bad to leave a checking account empty for up to a month?
YMMV, but my bank (Chase) auto-closed an account after seeing it sit empty for 90 days.
Since you refill it every 30ish days, that won't be a problem. It would certainly be a problem over the summer,...
- 50.6k
8
votes
How do I report ATM card abuse?
As the comments said: take this to your bank and the police. Report it as a stolen ATM card.
If the transfer was electronic, the bank may be able to reverse it; stolen cards are not rare. If it was in ...
- 42.9k
6
votes
How can Schwab afford to refund all my ATM fees?
I am using my debit card regularly: in ATM's with a pin, in stores with my signature, and online.
But later you say
But from what I recall from starting my own business (a LONG time ago), for ...
- 21k
6
votes
Accepted
Carrying a debit card for ATM withdrawals seems risky, what else can I do?
If your debit card has no fraud protection then you need to find a different bank, many debit cards include it.
Even with fraud protection, I don't like to keep excess money in the checking account, ...
- 69.1k
6
votes
Depositing and withdrawing money from another account to avoid ATM fee
There are lots of reasons why a crook would want you to do this: counterfeit check scam, laundering money, trying to get your account information, getting you used to doing questionable things and ...
- 9,800
6
votes
Accepted
Does a Debit/ATM card contain the name of the account owner?
Name is encoded in the magnetic stripe (and the chip) of any financial card, as per ISO 7813.
- 166k
6
votes
What would happen if you wrote and deposited a check to yourself at an ATM?
The answer will depend on your bank. Once upon a time, most banks actually did all your transactions at the end of the day (batch processing) and they deliberately did all your deposits first and then ...
- 12.7k
5
votes
Accepted
transition from student credit union after graduation and moving
Find out if your old credit union participates in the "shared branch" network. If so, you can perform many/most banking operations by "borrowing" the offices and staff of other participating credit ...
- 42.9k
5
votes
Is it legal to photograph and test ATMs?
The answers stating that this is a bad idea or a scam might be missing something.
In the UK "secret shopping" is a legitimate thing and many companies rely on it to get feedback on the services they ...
- 159
4
votes
What happens if I deposit a check and forget to endorse it with my signature on the back?
The reasoning behind endorsing a check is to restrict what other people can do with the check. If you're the named Payee on the check, then of course you can deposit it without an endorsement. If you ...
- 510
4
votes
Can I use a credit card in an ATM to withdraw cash?
Generally speaking, yes, you can withdraw cash from an ATM using your credit card. However, this is usually a terrible deal:
You will be charged a fee by the ATM in the form of a net dollar
amount. ...
- 3,100
4
votes
How can Schwab afford to refund all my ATM fees?
Schwab is a highly diversified operation and has a multitude of revenue streams. Schwab obviously thinks it can make more off you than you will cost in ATM fees and it's probably safe to assume most ...
- 49k
Only top scored, non community-wiki answers of a minimum length are eligible