Monday, April 26, 2010

What happens if I deposit cash the wrong way into an ATM?

Today, I was depositing cash into an ATM.





I put the money into an envelope. And put the envelope into the machine. But, just as it took the envelope, I realized that I inserted it the wrong way (arrow pointing at me instead of the machine)





What should I do?

What happens if I deposit cash the wrong way into an ATM?
don't worry about it they wil get it either way, I've done the same thing before and it makes no difference as long as the envelop is in the machine
Reply:You're fine. I used to service the ATM at my branch in the late 1980's...





As the envelope goes thru the roller into the machine, a number is imprinted across the envelope... the one one that is printed on your deposit receipt, along with a transaction number. It falls into a large, laundry-basket sized bin. Sometimes, dozens upon dozens of the envelopes are put into the machine. They fall into the bin, landing where they may.





I used to see ALL KINDS OF ENVELOPES used in the machine; it only has to be a standard-sized, letter / mailing type envelope... legal size is what is usually supplied at the machines, but just about anything that fits into that slot will work. People take tons of the envelopes, making other people having to "make do" with what they've got on hand.





If an envelope is received empty / torn up / wrong amount, they can track it to your account (remember, the receipt / transaction number is printed on the envelope...) and contact you.
Reply:Ooops. If you read the banking manual that you received when you opened your account, you'll see that if you make deposits backward into the ATM that Jimmy Hoffa (who actually LIVES in the ATM machine where you bank) will take your deposit and eat it.





I'm not sure that you CAN do anything. This is quite serious - have you called the bank? Depending upon your banking history, they may be able to coax Jimmy into giving your deposit BACK but it really depends upon how hungry he was at the time of the deposit error.





Good luck!
Reply:I think you will be okay. They all just go into the room where they get taken out and deposited. As long as you entered the amount of your deposit and kept your atm receipt you should be fine. Check your account to make sure the deposit went in, if it did, you are fine.
Reply:Nothing will happen. They give those arrows on what way to put it in just so that they don't have to sort through all the envelopes facing a bunch of different ways. In the end people open all the envelopes and process the paperwork not the ATM itself. It will be no problem.
Reply:LOL don't worry, it's not like you committed a criminal offense :P all that matters is that you put the correct amount of money in the envelope.
Reply:Prob will be fine, but more difficult for those sorting it.





but to be sure, check the money was deposited in 1 or 2 working days.





it will be fine, ur ATM registers the transaction
Reply:nothing. i used to have to empty the atm when i was a teller and balance it all the time. it was more annoying but we didn't do anything!
Reply:if everything goes according to my plan, it should go directly into my account...thank you. j/k ...it should be fine as long as it eccepted it, it went through ok.
Reply:It's not that big a deal, Lee. People do it all the time. If it makes you feel any better, call your bank and tell them what happened. They'll take care of you.
Reply:It should be just fine, don't worry. your info will just get printed on the wrong spot of the envelope but as long as it gets printed is all that matters.





:)
Reply:I doubt it matters, a real person has to handle the cash at some point to do the actual deposit.
Reply:they are going to hunt you down, break down your door, tie you up and throw rocks at you till your barely alive.








or they may do nothing
Reply:nothing....you are fine. Whoever takes the envelopes out will just get cranky because they have to turn it the right way.
Reply:it doesn't matter. a real person will check the contents of the envelope.

permanent teeth eruption

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