Like a paycheck at your bank's atm?
2006-11-11 07:47:17 · 9 answers · asked by juju 3 in Business & Finance ➔ Personal Finance
I have been depositing cash as well as checks through my bank's ATM now for almost 5 years and I haven't had a single issue. They are normally credited to your account the next business day, though. For paychecks, I would look into firect deposits - where your paycheck is electronically transferred straight to your account. That makes the funds available usually at 12:01am of the business day it is scheduled for - a little sooner than most people are used to. All in all ATM deposits have been quite reliable for me.
2006-11-11 07:51:19 · answer #1 · answered by sofgrant 4 · 2⤊ 0⤋
Yes, just don't leave your ATM card after making the deposit. Some people leave their cards in a hurry and someone else like the next ATM user gets it or the ATM eats it up. If it is a check, it is safe; if it is cash make sure you get every detail right (correct amount, bills in the envelope, etc.)
2006-11-11 17:47:14 · answer #2 · answered by D Garcia 1 · 1⤊ 0⤋
very reliable... almost fool-proof, the bank or its employees are not going to steal a check and risk loosing their job, and a good chance of doing time..." it just don't happen that way.".. also there are a lot of safe guards built into the system (remember we have been "saving/banking" since our forefathers time...
this is a good ? any additional doubts ? banker...
there is a greater risk at being robbed/identity theft then money stolen via bank by bank
2006-11-11 15:54:13 · answer #3 · answered by Anonymous · 1⤊ 0⤋
pay check never had a problem cash no. Heck some time i just slid the envelops throw the locked doors.
ATM are ok now if we can just get are computer voting machines as reliable as the ATM machines.
2006-11-11 15:53:39 · answer #4 · answered by Anonymous · 2⤊ 0⤋
I prefer going inside the bank and doing my transactions with a teller,that way, if anything goes wrong, I have the teller's number on the receipt, as well, as I can describe what he or she looks like, if they is a problem with the transaction.
2006-11-11 17:32:04 · answer #5 · answered by newyorkgal71 7 · 1⤊ 0⤋
i have done that many times with no problems but you should also consider having direct deposit for paychecks.
2006-11-11 19:25:45 · answer #6 · answered by LD 5 · 1⤊ 0⤋
I do it all the time and its safe. However, I one time entered the wrong amount (an amount lower than what my check read) and the bank just kept the difference. Those bums.
2006-11-11 16:53:28 · answer #7 · answered by Mentiso 3 · 1⤊ 0⤋
Yes, I have been doing it for 26 years.
2006-11-11 15:51:01 · answer #8 · answered by Debbk 4 · 1⤊ 0⤋
I have done it for years and never had a problem. Cheques and cash.
2006-11-11 15:54:58 · answer #9 · answered by Fleur de Lis 7 · 0⤊ 0⤋