CBA rolls out sophisticated ATMs

Aussies will soon reap the benefits of a new wave of sophisticated ATMs being rolled out by Commonwealth Bank (CBA).

The organisation has already upgraded 1,260 of its cash dispensers across the country and there are plans to refresh 3,500 in total.

Some of the cashpoints will allow people to deposit money or cheques 24 hours a day and the funds will appear in their bank accounts in real time.

This will make it far easier for Aussies to stay in control of their finances, as they will have up to date information on the state of their account balance.

A number of recent studies have shown that cutting-edge banking technology is really catching on down under and people are keen to see new initiatives such as fingerprint scanning replacing PIN codes.

Therefore, it is fair to predict that CBA's new ATMs will be a hit.

"We're also introducing a range of features, to ensure that our customers can have a more personalised ATM experience," commented the firm's executive general manager of retail products and customers Michael Cant.

Have a question about bank accounts? Ask the money gurus at Mozo Answers.ADNFCR-1761-ID-801477520-ADNFCR