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where do i put the money in?
Is it safe to deposit more than AU$200?

2007-02-22 17:20:40 · 5 answers · asked by Sha la la 1 in Business & Finance Personal Finance

5 answers

Making deposits through an atm IS safe. I make ALL my deposits, cash and cheques via atm. I have deposited over $1000 american at one time. As to HOW, you should check at your bank what their "rules" are. Here's how it works for me:
1) Insert atm card, go through the options until you can select to make a deposit
2) Have your deposit ready to go
- this usually means having cheques signed, deposit slip filled out and everything placed in the deposit envelope, which you can find in a slot next to the atm. You usually have to write something on the envelope itself as well
3) The atm prompts you to put the envelope into the deposit slot, (usually near the bottom of the atm, and it will be marked.)

When the envelope is pulled in by the machine, it is given a time and date stamp, and perhaps some other info is printed on the envelope as well. This helps to verify that the money in the envelope is YOURS.

I really hope this helps you, and reassures you as to the safety of our wonderful modern technology! Best luck!

2007-02-22 17:55:12 · answer #1 · answered by banana 3 · 0 1

It's very safe to deposit money via ATM.

Look the machine over. There should be a spot marked "envelopes." Generally, it's a little door that unlocks when you tell the machine you want to make a deposit. Be sure to have a deposit slip made out with your account information on it and the correct account number. When the little door opens get an envelope and put your money or check or whatever in there along with the deposit slip. There is a slot where you'll insert the envelope into the machine. It will look similar to the bill acceptor on a vending machine.

You can put whatever amount of money in there that you need to deposit. The only ATM limits are on the amount withdrawn.

Be sure to do this in a secure area, where nobody is hanging around the ATM machine. You don't want somebody to attack you and take your money or signed check.

2007-02-22 17:31:39 · answer #2 · answered by Peggy K 5 · 1 0

There's a slot in the machine. I personally don't like to put cash in because I'm paranoid LOL

I will deposit checks through the ATM though.

2007-02-23 00:27:35 · answer #3 · answered by KathyS 7 · 1 0

u just follow the atm instructions by keying ur a/c #,wait 4 30sec.ur name n a/c # w'd appear on the atm screen,then u put in ur money when the closer is opened,press ok button,the atm w'd count ur money press ok again if correct figure.next u w'd receive a slip 4 ur keeping.it's very safe n convenient.

2007-02-22 17:50:34 · answer #4 · answered by robert KS LEE. 6 · 0 1

its safe to deposit checks, but I wouldnt deposit cash:
http://www.ripoffreport.com/reports/ripoff189573.htm

2007-02-22 17:24:47 · answer #5 · answered by Dke 6 · 0 1

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