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

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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?

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14 Answers

Anonymous 0 Comments

You only need to show ID for certain amounts, at my bank it was $2,500 or more. Anything less and all you needed to do was slide your card, same as the ATM. If you’re being asked for photo ID for low amounts either you’re suspected of unusual activity, fraud, or your teller is new or your bank has new policies in place.

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