ATM Safety Rules

I feel that if few rules are followed when using ATM can help you crime prevention at or near ATMs when you withdraw , especially at night :


1. ATMs are located in well-lit areas that are highly visible to passing traffic;



2. Minimise your time at the ATM by having your card ready when you approach the machine;


3. Take a look around as you approach the ATM and if there's anything suspicious, don't use the machine at that time;


4. Once you've completed your ATM transaction, put your money away immediately and leave. It's best to count your money later;


5. If you don't feel comfortable using a particular ATM, consider continuing on to another branch or using off-street ATMs in banking lobbies;


(Source: ABA)

Will banks invest in new ATMs ?

Reserve Bank of India feels that cost effective access to ATMs will encourage usage of ATMs and want banks to reduce the Service charges for ATMs and soon phaseout all fees. This is good news for customers.

But in future banks may not be interested in investing in new ATMs. Even maintaining present ATM networks may become unviable for banks. So rationalization & transparency in rates is need of the hour for a increased usage of ATMs, not phasing out of fees.