Business and Accounting Technology

How to Deposit Cash in an ATM Step by Step

Master the simple process of depositing cash at an ATM. Our guide ensures a hassle-free and accurate transaction every time.

Depositing cash at an automated teller machine offers a convenient way to add funds to your account without needing to visit a bank branch during business hours. These machines provide widespread accessibility, allowing individuals to manage their finances efficiently at various locations, including bank lobbies, retail stores, and drive-throughs. The process is straightforward, designed to be user-friendly for routine financial transactions.

Preparing for Your Deposit

Before approaching an ATM for a cash deposit, gather your necessary items. You will need your debit card and your personal identification number (PIN). The cash you intend to deposit should be neatly organized, ensuring bills are flat, unfolded, and free from foreign objects. Count your cash beforehand to compare with the ATM’s tally.

Step-by-Step ATM Cash Deposit

Initiating a cash deposit at an ATM begins with locating a machine affiliated with your bank, as ATMs typically only accept deposits for accounts held at that specific financial institution. Many ATMs indicate their cash deposit capability with clear signage. Once at the machine, you will insert your debit card into the designated slot and then enter your PIN.

After accessing your account, select the “Deposit” option from the on-screen menu, then choose “Cash Deposit” when prompted. The ATM will then direct you to insert your prepared cash into a specific slot. The machine will count the inserted cash, displaying the total amount on the screen for your review. Verify this amount against your own pre-count.

If the displayed amount is correct, confirm the transaction. The ATM will then process your deposit and dispense a printed receipt. Retrieve your debit card and the receipt before leaving the machine.

Confirming Your Deposit

Upon completing your ATM cash deposit, retaining the printed receipt serves as proof of your transaction. This physical record contains details such as the deposit amount, the date and time, and a transaction confirmation number. You can verify the updated balance of your account shortly after the deposit by logging into your bank’s online banking portal or mobile application, or by checking your balance at another ATM. Cash deposits are often available the same business day if made within a specified cut-off time, though some funds may be subject to holds and become available on the next business day.

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