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I wonder if it accepts counterfeit dollars. [edit:] to clarify, I don't mean this as a joke. It seems that they're not paying out cash (only taking in) because
by malgorithms 13y ago
I wonder if it accepts counterfeit dollars. [edit:] to clarify, I don't mean this as a joke. It seems that they're not paying out cash (only taking in) because they don't trust the depositor and have to wait anywhere from 10 mins to a couple hours for a transaction. But how can they trust the incoming cash? It seems like a perfect venue for a counterfeiter.
- morisy 13y agoI was wondering that myself. I assume they have some anti-counterfeiting tech in there? Though that seems tough if the machine is built for so many different currencies.
- fsckin 13y agoI would guess that they're using a standard bill acceptor that does optical and magnetic tests. They'd have to be really good fake bills.
- thechut 13y agoThis! The exact same way a regular ATM ensures deposits are legitimate.
- nwh 13y agoFor some reason I always thought that was a manual affair. In Australia deposits are just money stuffed in an envelope with your intended value on it, that go into a slot in the ATM.
- wtvanhest 13y agoThe US has fully automated machines. They even can read checks.
- csense 13y agoChecks? Seriously? They must have some badass OCR.
- deleted 13y ago[deleted]
- saraid216 13y agoI actually recently went to an ATM to deposit money, which I haven't done in a long while, and was pretty confused not to find any envelopes available.