How to Use an ATM Machine to Deposit Money

Gathering Your Deposit Items

Before using an automated teller machine (ATM) for a deposit, prepare all necessary items. Your bank or debit card is generally required to initiate the transaction and identify your account.

When depositing cash, ensure all bills are flat, unfolded, and free from any bands or clips. It is advisable to count your cash beforehand to compare it with the ATM’s count later in the process. For check deposits, each check must be properly endorsed on the back. This endorsement typically includes the phrase “For Deposit Only” followed by your signature.

Verify the check is completely filled out on the front, including the date, payee name, the amount in numbers and words, and the drawer’s signature. While a bank card is common, some financial institutions offer cardless deposit options that may require entering your account number directly.

Performing the ATM Deposit

Proceed to the ATM to begin your transaction. Insert your bank card into the designated slot. You will then be prompted to enter your Personal Identification Number (PIN).

After entering your PIN, the ATM menu will appear with various transaction options. Select the “Deposit” option. The machine will then ask you to specify the deposit type, such as “Cash Deposit,” “Check Deposit,” or “Mixed Deposit” if you have both.

Once the deposit type is selected, the ATM’s deposit slot will open for you to insert your cash and/or checks. The machine will automatically count the inserted items and display the total amount on the screen. Verify this displayed amount against your pre-count to ensure accuracy. If the amount is correct, confirm the transaction.

After Your Deposit

Upon completion of your ATM deposit, the machine will issue a transaction receipt. Retain this receipt as proof of your deposit until funds are processed and reflected in your account. This document serves as a record of your transaction details, including the date, time, and amount deposited.

After a processing period, check your bank account balance to confirm the deposit has been applied. Most financial institutions allow you to monitor your balance through online banking platforms, mobile applications, or by calling their customer service line. This verification ensures your funds have been credited.

Processing times for deposits can vary; cash deposits often appear in your account almost immediately. Check deposits typically require more time to clear, usually one to two business days, though some may take longer depending on the financial institution’s policies and the check’s origin. If you notice any discrepancies or if the deposit does not appear within the expected timeframe, contact your bank’s customer service promptly. Having your ATM receipt available will assist them in investigating the issue.