Did You Know?

Did You Know?

“Did you hear what the boss told Shalini?" As you leaned over to listen to your friend’s story, the automatic teller machine (ATM) that you were at ate up the money it threw out before you could collect it.

Cut the panic

That’s reason enough to panic. But relax, this is just a safety feature inbuilt in most ATMs. All ATMs give you a window of half-a-minute or a few seconds, varying across banks, to pull out the greens. If you fail to do so within that time, they simply suck back the notes and dump them into a separate section.

What happens to the money?

Watch out for

ATMs even suck back your credit/debit/ATM card if you do not collect it within the stipulated time.