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A WITHDRAWAL SLIP is a bank document on

which a person writes the date, account number


and amount of money to withdraw from a bank. It
is called a withdrawal slip because it is used to
make a withdrawal from a persons account. It
includes important information that allows the
bank to keep an accurate record of the withdrawal
and provide the required amount. It is crucial to
write accurate and readable information on the slip
to ensure proper withdrawal. An official bank
withdrawal slip is obtained at the bank branch
where the person deposited money, and it contains
a clear print of the bank name. When filling out a
withdrawal slip, a person writes his complete name
including a middle initial. If the slip asks for an
address, it is important to write a complete address
including the ZIP code. The amount to withdraw is
written in words below the name. Any change is
written as a fraction. If coin change is not needed,
a fraction with a zero is included. After filling out
the bank slip, a person signs it in the presence of a
bank teller. Forms of identification are often shown
to the bank teller before receiving the money. The
teller processes the withdrawal and provides the
money along with a receipt. It is also possible to
withdraw the money using an ATM.
An ATM card is any payment card issued by
a financial institution that enables a customer to
access an automated teller machine (ATM) in order
to perform transactions such as deposits, cash
withdrawals, obtaining account information, etc.
ATM cards are known by a variety of names such
as bank card, MAC (money access card), client
card, key cardor cash card, among others. Most
payment cards, such as debit and credit cards can
also function as ATM cards, although ATM-only
cards are also available. Charge and proprietary
cards cannot be used as ATM cards. The use of a
credit card to withdraw cash at an ATM is treated
differently to a POS transaction, usually attracting
interest charges from the date of the cash
withdrawal. Interbank networks allow the use of
ATM cards at ATMs of private operators and
financial institutions other than those of the
institution that issued the cards.
ATM cards can also be used on improvised ATMs
such as "mini ATMs", merchants' card terminals
that deliver ATM features without any cash
drawer. These terminals can also be used as
cashless scrip ATMs by cashing the receipts they
issue at the merchant's point of sale
The first ATM cards were issued in 1967
by Barclays in London.

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