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

ATMs have hidden cameras that video your face. So there is at least an after-the-fact method of confirming identity (ex. confirm that Billy stole Grandma’s card and is ripping her off.)

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