Overdrawn Account Due to ATM

Without a hint of irony, snipped-for-privacy@mwfree.net astounded uk.finance on 31 Jan 2005 by announcing:

Why not?

So if the machine is online it can check the balance and not issue money if the account is empty. If the machine is offline then it cannot check that the account is empty and happily spews cash out. Isn't that a design fault.

Kevin

Without a hint of irony, snipped-for-privacy@mwfree.net astounded uk.finance on 31 Jan 2005 by announcing:

I'd imagine it depends on the type of card in the same way that a purchase transaction does. Certain cards must be processed online; these are the ones that banks normally issue to 'bad risk' customers.

No it isn't. I would be extremely pissed off if I couldn't get my hands on my cash when the machine is offline, just because other people want the bank to act as a financial nanny.

Agree an overdraft, Nationwide have very reasonable rates. Going a few hundred overdrawn for a couple of weeks will cost very little.

Or if you can't trust yourself with an overdraft, get one of those "basic" bank accounts which don't allow you to go overdrawn.

Without a hint of irony, "Andy Pandy" astounded uk.finance on

Tis not the account but the card that you're issued with.

Sorry but what the f**k is this all about. My main Flex account has an overdraft and is not a problem. A second flex account does not have an overdraft, why would I need two. Whist using the card to get 10000 baht, it issued the money (£139.81) when there was only £106.58 in the account. Why is it not considered a design fault to issue £139 when there is only £106 in the account. I am obviously missing something here. Normally when I try to draw more money from an ATM than is in the account it doesn't allow me to do so. Why has it done so in this instance but it is my fault? It would sincerely piss me off if my card was stolen and the thief was able to draw more cash than was in the account and then to be told that this was a normal feature of an ATM.

Kevin

Kevin

I don't see how you are incapable of balancing a cheque book.

A clue?

What is "baht"?

I suspect it depends on the card, Nationwide do the basic Flex Account which uses a Link/Cirrus card and then there is the full Flex account which uses a Visa Debit card which is also a cheque gurantee card.

AFAIK the Link/Cirrus card cannot be used to overdraw the account... Which card do you have?

Landru

Without a hint of irony, "Landru" astounded uk.finance on 31 Jan 2005 by announcing:

Thai currency, innit?

Without a hint of irony, snipped-for-privacy@mwfree.net astounded uk.finance on 31 Jan 2005 by announcing:

I beg your pardon?

So don't ask for more than you have in future.

Because your credit status with your bank was such that they gave you a card capable of performing offline ATM transactions. You could go to your bank and complain that they should deem you a poor credit risk and insist on a card such as Electron if you prefer.

The only alternative would have been to refuse your transaction completely. Strangely, many people prefer the option of having access to their money.

Moreso than if they only cleared out as much as was in your account?

Well it is. Like I said, ask them for an Electron card (or whatever similar product they offer), keep a note of your balance, or restrict yourself to banking in a branch.

It's Yorkshire currency, for use on Ilkley Moor.

But only while wearing headgear.

In message , snipped-for-privacy@mwfree.net writes

It is a frequently quoted misconception in this group that ATMs are always on line and dont give out dosh when you havent got any. This post makes the point that ATMs just arent that sophisticated and to expect every ATM ij the whole world to be only to everybodies bank anywhere in the world is the stuff of techno fantasy and somewhat naive.

It is down to the account holder to monitor their expenditure, you cant blame somebody else.

Its not a design fault, its a design feature to allow you to withdraw a limited amount of cash if an ATM can't contact the card issuing bank for some reason.

Wouldn't you prefer that situation rather than being stuck in some remote part of the world without any money because the ATMs are offline?

Its your fault because you withdrew the equivalent of £139 when you knew you only had £106 in the account. If you didn't know how much money was in your account you need to improve the way you manage your personal finances rather than rely on you bank to act as your nanny.

Is there really such thing as an offline ATM? For that to work the ATM would ONLY be able to accept C&P cards (unless there are ATMs that don't ask for a PIN). Overseas or people with C&S or chipless cards would be told to go elsewhere, whats going to cause more people to get pissed off? The OP uses his card in Thailand, AFAIK Thailand doesn't support the UKs C&P scheme anyway, unless there's an ATM in Thailand somewhere that can only be used by UK cardholders with C&P.

Also, wouldn't this kind of ATM have a bit of a fraud problem since the OP managed to draw over £100 without the ATM being able to check whether the card had money or had been reported lost or stolen.

Without a hint of irony, "Marx Peterson" astounded uk.finance on 01 Feb 2005 by announcing:

It's not the UK's. It's EMVCo's.