FAQ: Who Fills ATM Machines With Cash?

Author Justin Gilmore

Explore More ATM FAQs

For those who are unfamiliar with ATM machines, one of the biggest mysteries is who’s responsible for filling them with cash when they run out. Obviously, ATMs at banks will be refilled by the bank itself. However, for standalone ATMs, there are a few different options when it comes to the responsibility of refilling the machine.

If a business is the outright owner of its ATM, they have the option of refilling the machine on their own. This isn’t necessarily the easiest option, but it’s usually the best way to maximize profits from the ATM. Part of the problem is having enough cash available to refill the machine every time it starts to run low. This requires business owners to have a great deal of capital available to them. The other issue is finding a time when it’s safe to refill the machine. Otherwise, they run the risk of something going wrong and losing a significant amount of money.

The difficulty and risks involved with filling an ATM on your own often lead business owners to hire a cash management company to handle the task for them. Obviously, this takes away from some of the profits brought in by the ATM. However, it also brings peace of mind. A business can work out a schedule with a cash management company for when to refill the ATM. They can then go about doing so a secure way. Cash management companies will also have insurance just in case something goes wrong. This means the ATM owner won’t risk losing thousands if there’s a mistake while loading the machine.

A business may also partner with an ATM provider like AtmMachines.com, LLC, who will take care of filling the machine with cash. AtmMachines.com, LLC has a longstanding relationship with a trusted vault cash supplier, which helps to simplify the process for businesses. While it may be beneficial financially to take care of refilling an ATM on your own, the peace of mind of leaving it in the hands of trusted professionals also has its perks.

To learn more, call us today at 1-866-295-2329.

Explore More ATM FAQs