what are the advantages of automatic teller machines(ATM)?
928263
1. quicker access to money (near to house/business)\n2. comparatively quicker transaction time compared to bank counter\n3. Any time banking (ATM) for 24 X 7\n4. Remote connectivity (distant locations can be served without identification hassles, even beyond countries)\n5. Reduces cash theft related issues. \n6. Increases usage of Plastic money
24844
I would bet that it's probably because ATM machines are mass produced by the companies who make them. Since ATMs are installed at walk-up as well at drive-up locations, it wouldn't be cost effective for these companies to make two nearly identical models: one with braille and one without.
205951
- more automation\n- larger customer base\n- cheaper or better service to the customers
591435
The role of ATM in banks is to provide a service. This service is provided to allow convenience for customers, they don't have to line up to conduct transactions inside the banks. Their is also a money making role as well because the bank charges the customer a fee for using their ATM's.
1056854
automated teller machine
192332
We have had Bank of America for several years and I am vey satisfied with it. It also has online bill pay (free) which saves a lot of stamps and envelopes. You can write checks to just about anyone.
528297
install an atm on ur computer
929712
I opened a savings account at a bank yet did not get an ATM card for the account.  I have money direct deposited from my paycheck into the account each month.  The money just sits there since it would be a pain to drive across town and stand in line to take any money out.  Basically, I just forget about the account unless an emergency comes along.
887830
Disadvantage\n\n1)It looks bad to customers, they think ur in problems thats why you have to factor debts\n2)Charges\n3)\n\nAdvantages\n\n1)Reduced risk of bad debts\n2)Dont have to have debt collection staff\n3)Easier to plan cash flow\n4)Protection against currency movements\n\n\nSorry cant think of any more disadvantages
1073827
Potentially its a fantastic improvement. No cash to be mugged for, no ATM machines for the hoodies to hang around. Your wallet or purse would be lighter and may have only one universal card in it!\n\nI love the idea that every expense, however small, would appear in an on-line statement, but I can imagine a lot of people would find that scary. Imagine how well you could plan your spending - or make savings. Most of us would be amazed at how much small change adds up to big bucks.\n\nBut, much more interestingly, a cashless society would soon become a bartering one once again. Without cash people need to find ways of avoiding the tax man. They'd do that by offering services in kind (e.g. you paint my house, I'll fix your plumbing) or they'd quietly trade in beads - so many beads to fix your car and so many beads to cut your hair. What the 'beads' are is irrelevant - some physical substitute for cash-in-hand would soon appear.\n\nIt seems your concern is about 'Big Brother'. I think the opposite would happen. In a cashless society you don't have to go to the ATM, so your movements and the amounts of cash you use are less traceable. You don't have to officially exchange anything (except a quiet promise in someone's ear that you'll do them a favour in return for the work they do for you).  The black market would be more healthy and less subject to policing than now!\n\nWhen you do make legitimate electronic trades you'd do it in many novel ways to get round the tracking factor - how about buying a car privately, but in 12 lots over 1 year. Both parties agree to identify the monthly trades as something else. The tax man never knows what the exchange was really all about.  He knows with cash, because who'd trust you to make 11 more cash payments once the goods have been handed over - electronically you'd secure that in advance (you can see this opens the door to person-to-person hire purchase too - potentially risky, but also potentially very desirable).\n\nIn a cashless society there'd be an end to the tyranny of the tip. Either its stated on the bill or it cannot be handed over. Wonderful!\n\nI could go on for hours, but I think you get the picture. One more advantage - less lumpy mattresses!
910069
a debit card has a Visa or Mastercard logo making it able to be used just like a credit card. An atm is able to do that as well but only at places that dont require your card to have a credit card logo on it...in other words, the debit card will be accepted more places than just an ATM card.
577711
Yes it can. A ATM card is specifically to widraw money from the bank machine. With a Debit card you can widraw money and use it stores for shopping etc. Hope that helps.
970546
The biggest advantages  (of banking within the branch) are:\n**  Making personal contacts and relationships with the staff.\n     This is great if you want to borrow money at some point.\n**  Customer service is more satisfying in perosn to person    \n     banking.\n\nThe biggest disadvantages I can think of are:\n**  Time spent waiting in queues\n**  Restricted banking hours (as opposed to 24/7, seven days a \n     week on the internet or phone banking)
438495
Dumpster diving (somebody steals your stuff from the trash).  Solution:  shread your records before throwing them away.\n\nShoulder surfing (somebody steals your PIN from the ATM).  Solution:  don't let anyone near you when you enter your PIN.\n\nLax online database security.  Solution:  always make sure any sites you buy from use SSL technology.
779548
almost all atm now accept all cards however there are fees attached.  You can call your bank and ask them for locations.
249854
Depends on if you are the one writing them or recieving them.\n\nWriting:\n~Advantages:\n  -Money is not automatically deducted, so you can write at check at the store, and then go to the bank and put your money in later.\n  -No reciept required, you have a record right there in your carbon copy of how much you spent and where you spent it.\n  -If you still pay bills in the mail rather than online, it's much safer to send a check than a credit card number.\n  -Can't send cash in the mail.\n  -Don't know about you, but I don't carry much cash, so when I owe friends money, they don't accept credit cards.\n\n~Disadvantages:\n  -Checks cost money.\n  -Some places don't accept checks.\n  -Too much writing!\n\n\n\nStore/Vendor/Reciever of Checks:\n~Advantages:\n  -More customers, because they have more choices in how they can pay (the same with deciding to accept American Express or Discover or whatever else)\n  -No specialized machines required (although many stores have check readers or MICRs anyway).\n\n~Disadvantages:\n  -Bounced checks!  (In many cases, the one who the check was written to is who the bank holds responsible for bounced check fees.  It is then your responsibility to get the money from whoever wrote the bad check!)\n  -Can't always verify that they actually have the money.\n\nAnd if you're the bank, that gives you another way to get money out of people!\n\nI hope that helps!
58321
It really all depends on where you live, because although there are several banks which span the country they may not have a branch and/or ATM close by.\nThere are certain banks which offer everything you mentioned. You may want to visit bankrate.com to compare charges.