Why do you need a photo ID to withdraw money from a bank, but not from an ATM?

Question

Putting this under Other because it’s not really Economics.

I guess this is a question about banking security. Most people don’t withdraw past the ATM limit anyway, so why do tellers insist on seeing a photo ID even though the customer could easily withdraw that same money from an ATM without that step?

In: 10

Answer 1

In America; ATMs generally require a PIN over a threshold; while Tellers require an ID over a threshold as well. However, Tellers have discretion and can take on that risk if they’d like.

Noting every bank has their own set of rules and risk allowance.