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How withdrew cash from automated teller machine?

In: Computers, Banking, Small Business Loans [Edit categories]

Answer:

Customer visits the ATM and inserts his card into the machine
ATM reads the magnetic stripe to identify the user
ATM prompts the user to enter his identification pin number
If the user enters an incorrect pin, the transaction is cancelled and the card is returned
If the user enters the correct pin, the machine shows him a menu of operations like withdrawal, deposit, balance inquiry etc.
User chooses his option - Ex: Withdraw cash
Machine connects to the bank database to check if the user has sufficient balance in his account to successfully complete the withdrawal transaction
If so, the machine dispenses cash that the user asked for
Machine updates users account with the withdrawal and updates the balance accordingly
Machine returns the card and a receipt advise on the transaction just performed
User takes his card and leaves the ATM

First answer by Anandvijayakumar. Last edit by Anandvijayakumar. Contributor trust: 782 [recommend contributor ]. Question popularity: 2 [recommend question].

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