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HomeFinanceTips to avoid getting scammed while withdrawing money from ATM: ATM Frauds

Tips to avoid getting scammed while withdrawing money from ATM: ATM Frauds

You can lose large amount with a little blunder. When making a cash withdrawal from an ATM, it is absolutely necessary for you to remain vigilant.

ATM Cash Withdrawals: Using online apps, the modern digital world now completes every task without the need for money. However, you still frequently require funds for numerous tasks.

With just one small mistake, you could lose a lot of money. In such a situation, it is critical to remain vigilant.


You frequently use the ATM PIN for a significant amount of time. Because the ATM PIN is hard to remember, you don’t change it often. Although it is incorrect, the ATM PIN should be updated after a predetermined amount of time, even though it is not necessary to do so every day.

When using the ATM, customers frequently encounter a number of difficulties. They think that the card is stuck in the device and won’t come out. They act quickly and are prepared to cheat and ask for help from a stranger who is standing nearby.

This is especially true for men and women who have less education. If you are unsure of how to withdraw funds from the card, bring someone from home who is well-versed in the process with you. Never request help from an outsider.

It is common practice to install ATMs in groups of two or more. In this scenario, a stranger might be standing nearby. In this situation, being cautious is even more important.
You can now use the trick of typing your PIN with the other hand while hiding it. If the ATM has a hidden camera, your PIN won’t be safe even in that scenario.

In this situation, you should use the bank ATM after doing a lot of checking. You control your own safety. Always be cautious and, if something seems off, look for another ATM nearby.

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