Originally Posted by
SMHarman
For retail customers not much point. For business a lot of point. Try depositing 100+ checks and a few thousand dollars in notes and cash into an ATM.
Our (two) tenants pay by check (wish they would use PayPal or EFT, but...) and we walk into the bank branch office, and wait in line for a teller, to make deposits each month. We have a checking sub-account just for rental-related funds and the ATM doesn't offer us the option of depositing directly into there. The AMTs only support deposit into the primary savings or checking account. The branch office is also useful if you want to withdraw cash in certain demoninations (e.g. 10 x fiftys, 4 x hundreds) or new crisp bills for gifts and such.