How to Deposit Money at an ATM

Depositing money at an Automated Teller Machine (ATM) offers a convenient way to manage your finances, allowing for cash and check deposits outside of traditional bank hours. This self-service option provides flexibility to add funds to your accounts at various locations. Following proper procedures ensures a smooth and secure transaction.

Preparing for Your Deposit

Before heading to an ATM for a deposit, gather the necessary items and prepare your funds. You will need your debit card and its Personal Identification Number (PIN) to access your account. Have these readily available before beginning the transaction.

For cash deposits, ensure all bills are straightened, unfolded, and facing the same direction to prevent jams and allow the ATM to accurately count the money. Remove any paper clips or bands. For check deposits, proper endorsement is necessary, typically involving signing the back of the check in the designated area. For enhanced security, consider writing “For Deposit Only” above your signature and, if space allows, your account number, which restricts the check’s use solely to your specified account.

Making Your Deposit

The deposit process at the ATM is straightforward. Begin by inserting your debit card into the ATM’s card reader and entering your PIN when prompted. The ATM screen will display a menu of transaction options; select “Deposit.”

Choose whether you are depositing cash, checks, or both, and specify the account (e.g., checking or savings) where the funds should be credited. The ATM will indicate when to insert your cash into the designated slot, often allowing you to insert a stack of bills at once. For checks, the machine will prompt you to insert them into a separate slot, typically scanning them individually. After the ATM counts the cash or scans the checks, it will display the total amount for your review. Confirm this amount is accurate before proceeding.

Confirming Your Deposit

After the ATM processes your deposit and you have confirmed the amount, secure your transaction records. Take your printed receipt from the ATM; this document serves as immediate proof of your transaction. This receipt is important for personal record-keeping and for resolving any potential discrepancies with your bank.

Retrieve your debit card from the machine before walking away. While cash deposits are often available immediately, check deposits typically have varying availability, with funds generally becoming accessible within one to two business days, though some may take longer depending on bank policies and the type of check. Check your account balance online or via your bank’s mobile app later to ensure the deposit is processed and funds are accurate.