Wholesale ATM machines are basically devices used widely for banking transactions, without having to go into a bank to withdraw, deposit or transfer money. The machines can be found throughout shopping centers. They are also placed in the entrance of banking halls and at strategic points in towns and cities.
They do make life so much easier and less time consuming that going into a bank to withdraw cash, deposit, transfer or buy prepaid airtime. Banking has become one of the less irritating chores to deal with these days with the convenience of automated banking. Being able to send your grandchildren money is as easy as one, two, three when you use an ATM machine.
Another incentive for using an ATM is being able to top up cell phone accounts. Pay accounts to creditors and being able to draw statements for up to 3 months. Many companies require three months bank statements in order for you to apply for credit and once again, you don't have to stand in the very long queues at the inquiry counter, you can just go to your ATM machine and stipulate the dates you need the statement from and it prints all three months out for you.
The safety of ATM's has been questioned in many countries. There must be hundred of people who have lost money due to ATM fraud. Card cloning, magnetic strips, people harassing you at the machine are all opportunities for thieves to get their hands on your hard earned money. You probably have been a victim yourself or know of someone who has been.
Making a child responsible for his own money gives him a sense of pride and achievement. As they get older, they will respond more readily when being taught how to budget and save for their future. It is never too early to instill into a child the importance of taking care of their finances.
Many bankers are too busy spending the money on themselves to care about the people who lose their jobs. If the person is eligible for a pension, in some countries, it is so paltry they will barely be able to feed themselves for a month. If there is an unemployment fund, that does not last very long and who is going to employ someone who is past their prime.
Even clients going into a bank to withdraw a large amount of money, although doing it as discreetly as possible, are unaware that there is someone standing in the queue or just hovering around the banking hall, watching every move. The lurker simply steps outside the bank, gets on to his cell phone to let his buddy know what the man looks like who has just drawn a substantial amount of cash and which direction he is heading. The accomplice then follows the client to his car and robs him.
One of the first places to teach a child about the safety aspects of cash is at a wholesale ATM machines. They have to be made aware of the benefits and the dangers of these machines. Hopefully they will grow up to be sensible, wealthy adults who will happily use some of their money to take care of the old folks who took the time to teach them to be financially wise.
They do make life so much easier and less time consuming that going into a bank to withdraw cash, deposit, transfer or buy prepaid airtime. Banking has become one of the less irritating chores to deal with these days with the convenience of automated banking. Being able to send your grandchildren money is as easy as one, two, three when you use an ATM machine.
Another incentive for using an ATM is being able to top up cell phone accounts. Pay accounts to creditors and being able to draw statements for up to 3 months. Many companies require three months bank statements in order for you to apply for credit and once again, you don't have to stand in the very long queues at the inquiry counter, you can just go to your ATM machine and stipulate the dates you need the statement from and it prints all three months out for you.
The safety of ATM's has been questioned in many countries. There must be hundred of people who have lost money due to ATM fraud. Card cloning, magnetic strips, people harassing you at the machine are all opportunities for thieves to get their hands on your hard earned money. You probably have been a victim yourself or know of someone who has been.
Making a child responsible for his own money gives him a sense of pride and achievement. As they get older, they will respond more readily when being taught how to budget and save for their future. It is never too early to instill into a child the importance of taking care of their finances.
Many bankers are too busy spending the money on themselves to care about the people who lose their jobs. If the person is eligible for a pension, in some countries, it is so paltry they will barely be able to feed themselves for a month. If there is an unemployment fund, that does not last very long and who is going to employ someone who is past their prime.
Even clients going into a bank to withdraw a large amount of money, although doing it as discreetly as possible, are unaware that there is someone standing in the queue or just hovering around the banking hall, watching every move. The lurker simply steps outside the bank, gets on to his cell phone to let his buddy know what the man looks like who has just drawn a substantial amount of cash and which direction he is heading. The accomplice then follows the client to his car and robs him.
One of the first places to teach a child about the safety aspects of cash is at a wholesale ATM machines. They have to be made aware of the benefits and the dangers of these machines. Hopefully they will grow up to be sensible, wealthy adults who will happily use some of their money to take care of the old folks who took the time to teach them to be financially wise.
About the Author:
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