tag:blogger.com,1999:blog-3993498847203183398.post3915675252044133805..comments2024-03-28T09:19:27.451+00:00Comments on RevK<sup>®</sup>'s ramblings: Bank Machine Ltd machines increasing risk of mugging?RevKhttp://www.blogger.com/profile/12369263214193333422noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-3993498847203183398.post-4284758825350347462015-01-09T17:52:14.717+00:002015-01-09T17:52:14.717+00:00There is a daily limit on my card, and that makes ...There is a daily limit on my card, and that makes some sense for this although mostly the fraud is by fraudster against bank and not ultimately my concern or something for which I should be inconvenienced. This instance is the machine, and is a txn limit, and as such is totally useless at stopping fraud. I can stand there and use the one card multiple times just as a fraudster could.RevKhttps://www.blogger.com/profile/12369263214193333422noreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-16981867567369459682015-01-09T17:50:25.818+00:002015-01-09T17:50:25.818+00:00There's a very good reason by ATMs have a dail...There's a very good reason by ATMs have a daily or transaction limit. It's called fraud. You'd love it if a fraudster skimmed your card details and was then able to withdraw every penny from your bank account in one quick withdrawal.Peterhttps://www.blogger.com/profile/14279649608977415172noreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-61969533664279029612015-01-07T15:51:17.476+00:002015-01-07T15:51:17.476+00:00Go to a counter in a branch. Then you get slightl...Go to a counter in a branch. Then you get slightly higher denominations (still only 50s, compared with 1000 CHF in Switzerland) and can watch them count it out in a secure environment. Checking several hundred pounds in twenties standing in front of a street cash machine, on the other hand, could make one rather vulnerable. And that is before you start trying to stuff the wodge into your wallet as though you've just landed in the Republic of Toyland.<br /><br />Try to deal with cash in any sensible way in the UK, and it tends to be a pretty third world experience.<br /><br />But the Bank of England is in denial about inflation, so don't expect the situation to improve.<br /><br />The median wage is around 1750 per month. It doesn't seem unreasonable that issuers of notes and coins should be expected to provide for a month's worth of average wages to be carried around in compact form, for those who like to operate this way.<br />Tom Joneshttps://www.blogger.com/profile/09820841399735150776noreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-83268041878290306672015-01-05T12:11:31.934+00:002015-01-05T12:11:31.934+00:00My understanding is that the LINK interchange fee ...My understanding is that the LINK interchange fee is a fixed amount per transaction, so there is some benefit to the cash machine's operator in encouraging you to make multiple transactions.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-1891961097295611742015-01-02T08:46:19.896+00:002015-01-02T08:46:19.896+00:00Any more than £250 and it probably won't fit o...Any more than £250 and it probably won't fit out of the slot. These machines tend to be smaller than normal bank cash machines.Anonymoushttps://www.blogger.com/profile/15219384336085377614noreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-76903676376909937602014-12-31T16:53:32.874+00:002014-12-31T16:53:32.874+00:00The petrol pump thing is a technical limitation of...The petrol pump thing is a technical limitation of the pump normally, either hardware (Display may only have space for 4 digits), or the station has not invested in updating the software that operates the dispensing system.<br /><br />Paracetamol on the other hand, is a legal limitation introduced in 1998.Craig Newburyhttps://www.blogger.com/profile/11223370281692512777noreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-12863633726675441172014-12-31T14:35:31.726+00:002014-12-31T14:35:31.726+00:00That makes some sense, but the cash machine limit ...That makes some sense, but the cash machine limit is just dumb.RevKhttps://www.blogger.com/profile/12369263214193333422noreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-481533873347146352014-12-31T14:34:16.063+00:002014-12-31T14:34:16.063+00:00Paracetamol restriction is a harm reduction decisi...Paracetamol restriction is a harm reduction decision. Suicides aren't usually planned or rational, so the existence of a rational means to bypass the restriction doesn't impact the effectiveness of the restriction very much. So some people who were going to suicide with paracetamol are prevented by the small pack sizes and limit on sales. Yes this works - even if you think it's stupid it still works.tialaramexhttps://www.blogger.com/profile/04245919932453170519noreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-73856206901577701042014-12-31T09:41:29.376+00:002014-12-31T09:41:29.376+00:00To be fair I would normally only have £500 unless ...To be fair I would normally only have £500 unless it is new notes who which take way less space, but the problem is the same an the restriction just as pointless.RevKhttps://www.blogger.com/profile/12369263214193333422noreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-80411147746830546712014-12-31T00:29:32.523+00:002014-12-31T00:29:32.523+00:00You have £1000 in cash hanging around for months a...You have £1000 in cash hanging around for months at a time? I find that very strange. For a start, you could be earning interest on that in some accounts. Second, that's a fair amount of cash to lose if you are burgled at home or mugged on the way home from the cash machine. Third, cash machines only give out £20 notes or less so £1000 is going to be quite an ungainly wedge (I go to the bank to take out fifties if I want a few hundred quid in cash).<br /><br />Is it really such a pain to take out a couple of hundred quid every two or three weeks instead?Owen Smithhttps://www.blogger.com/profile/00890951742186614705noreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-5762607890729985092014-12-31T00:08:09.164+00:002014-12-31T00:08:09.164+00:00Like petrol pumps that will only do £99.99 - What?...Like petrol pumps that will only do £99.99 - What?<br /><br />Or shops that only sell one box of paracetamol - FFS!SimonFhttps://www.blogger.com/profile/03711861360301638111noreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-18215883265230715802014-12-30T21:26:02.855+00:002014-12-30T21:26:02.855+00:00It's possibly that it makes the dispensing mec...It's possibly that it makes the dispensing mechanism simpler if having this limit means the maximum number of notes it has to dispense is capped at a certain point?Alexhttps://www.blogger.com/profile/08491808572691231544noreply@blogger.comtag:blogger.com,1999:blog-3993498847203183398.post-46383801383669091422014-12-30T20:51:53.814+00:002014-12-30T20:51:53.814+00:00It's so they don't have to fill it as ofte...It's so they don't have to fill it as often - they expect people will just take max of £250 then not bother to try again.Anonymoushttps://www.blogger.com/profile/05546484904748211013noreply@blogger.com