What Should You Do If an ATM Dispenses Too Much Money?

Learn why you must report extra money from an ATM to your bank immediately to avoid legal issues and theft charges.

Published

Video transcript

If an ATM gives you too much money, you should report it to your bank immediately. Keeping the extra cash can be considered theft. Banks regularly audit ATMs and will likely identify the discrepancy, which could lead to legal consequences and potential charges against you. Always act promptly and honestly to avoid complications.

Questions and answers

  1. Is it illegal to keep extra money given by an ATM?

    Yes, keeping extra money dispensed by an ATM without reporting it can be considered theft, and you may face legal consequences.

  2. What should I do if an ATM gives me more money than I requested?

    You should immediately report the discrepancy to your bank to avoid any potential legal or financial issues.

  3. Will the bank find out if an ATM gave me too much money?

    Most banks regularly audit ATM transactions and discrepancies, so they will likely identify if you received extra money.