Nowadays, having a bank account is crucial for everyone. You can perform financial transactions while keeping your money secure in the bank. On the other hand, banks give their clients debit cards once they open a bank account. You can always make cash withdrawals from an ATM using a debit card. There is no need to visit the bank for this, but it is essential to exercise caution while using an ATM and be wary of the cancel option.
ATM Machine
After completing their transaction, consumers always push the cancel button when withdrawing cash from an ATM using a debit card. People believe that by pressing the cancel button, their process is complete and that no one else can use their Automated Teller Machine details to take money from that location. This item is now ingrained in people’s habits.
Debit Card
Although it is not required to always press the cancel button after using an ATM to withdraw cash, the PIN of your debit card should never be written on the debit card, according to the RBI and banks. Keep in mind that no one is watching your PIN whenever you withdraw cash from an ATM.
Cancel Button
In contrast, information is destroyed through the ATM machine once the act of taking money from it is complete. If the home screen appears after the transaction is complete in such a case, there won’t be any issues even if you don’t press the cancel button. However, if you are requested to complete the transaction after taking money from an ATM machine, you should definitely refuse because failing to do so could result in problems.
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