Are there any regulations governing ATM use?
Yes, there are regulations governing ATM use in Nebraska. The Nebraska Department of Banking and Finance (NDBF) oversees the operation of ATMs and other automated banking services in the state. The NDBF sets minimum requirements for ATMs to be accessible and secure, and also how much a customer may withdraw, deposit, and transfer, as well as the fees that may be charged for using the machine. Additionally, the NDBF requires that ATMs have a number of safety features, including tamper-proofing, secure encryption, and adequate lighting. In addition, all ATM owners must register their machines with the state and provide a certain amount of insurance to protect customer funds in case of theft or other illegal activity. They must also obtain approval of the ATM location if it is not already approved. Finally, the NDBF requires ATM owners to provide customers with proper disclosure of fees, including all fees associated with the ATM transaction, as well as any additional fees that may be charged for withdrawal or balance inquiry. This disclosure must be provided to customers before they are able to complete the transaction.
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