How to Deposit Money Into an ATM

Depositing money at an Automated Teller Machine (ATM) offers a convenient alternative to visiting a bank branch during business hours. ATMs are widely available, providing accessibility for managing personal finances around the clock. This option allows individuals to add funds to their accounts efficiently, accommodating various schedules and preferences. Utilizing an ATM for deposits can streamline banking tasks, making it a practical choice for many account holders.

Gathering Your Materials

Before depositing at an ATM, gather your active ATM or debit card and remember your Personal Identification Number (PIN). Both are essential to initiate any transaction.

When depositing cash, ensure bills are flat, unfolded, and free from obstructions. For check deposits, endorse each check with your signature and “For Deposit Only.” Verify the check’s legibility and ensure it is not creased or torn. Be aware of your bank’s deposit policies, including limits or fund availability.

Initiating Your Deposit

To begin any deposit, insert your ATM or debit card and enter your Personal Identification Number (PIN). From the main menu, select “Deposit.”

Depositing Cash

After selecting “Deposit,” choose “Cash Deposit.” The ATM will open a slot for your cash; place your flat, unfolded bills into it. The machine will count the cash and display the total amount. Confirm this amount before finalizing. The ATM will process the deposit and issue a printed receipt.

Depositing Checks

After selecting “Deposit,” choose “Check Deposit.” The ATM will indicate where to insert your endorsed check(s); place the prepared check(s) into this slot. The machine will scan the checks and display the detected amount(s). Review these amounts for accuracy before confirming. The ATM will complete the transaction and provide a printed receipt.

After Your Deposit

Retain your printed transaction receipt after completing your deposit. This receipt provides immediate proof, detailing the date, time, and deposit amount. It serves as a record should discrepancies arise. Monitor your bank account balance online or via mobile app to confirm funds are posted.

Funds deposited via an ATM may not be immediately available. Cash deposits often become available sooner, sometimes instantly or within a few hours, though policies vary by financial institution. Check deposits typically have a holding period, ranging from one to two business days, to allow the bank to verify validity and clear funds. If issues arise, such as a discrepancy or funds not appearing, contact your bank’s customer service with your receipt.

Finding an ATM

Locating an ATM for deposits is straightforward. Many are at bank branch locations, providing access during and outside business hours, and offering full services including cash and check deposits.

Most financial institutions provide an ATM locator tool on their websites or mobile banking applications. These tools help you find nearby ATMs and indicate if they accept deposits. Many ATMs are also part of broader networks like Plus or Cirrus. While network ATMs allow withdrawals, their deposit capability varies, so confirm functionality through your bank’s locator or ATM signage.