Ramesh

Automated Teller Machines (ATMs), also known as cash points, were created in 1972 by IBM. They have since grown in popularity to dispense money to millions of people each year. Banks are now computerizing most everyday banking procedures. As well as dispensing cash, ATMs can also print bank statements, dispense postage stamps, transfer money and deposit cash or checks. This article will tell you how to use an ATM to deposit money.

state Bank of India Green Remit Card - SBI ATM cum Debit Card State bank of India (SBI) launched new "green channel" service. This facility offer paperless green banking for deposit, withdraw and remittance transactions. No need for fill up any pay in slip and cheques or sign for depositing or withdrawing money from account. Did not remember account number, only carry green remit card. Features: SBI "Green Card" is a simple magnetic stripe based card - transaction through green channel counter (GCC) or cash deposit machine (CDM). All customers are eligible for getting this card, visit any GCC or CDM branch and submit simple application along with copy of one ID proof document. Bank will issue printed Green Remit Card instantly to the applicant. Fees & Service Charges Issue of card: Rs. 20/- (with effect from 15th July 2013) Transaction charges in green channel: Applicable to non home cash deposit* Cash deposit machine transaction charge