A New dimension of Armed robbery at ATMs Locations

An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform self financial transactions, such as cash withdrawals, deposits, transfer funds, or obtaining account information, at any time and without the need for direct interaction with bank staff

According to some media reports, armed robbery at ATMS locations has taken a new dimension in Nigeria especially Lagos given the abundant ATMs in the state. Armed robbers now visit ATMs locations on Friday evenings so as to forcefully collect the ATM cards and PIN codes of customers, eye witness reports

They approach you with a smile while you are attempting to make a transaction, display their guns and also point to their colleagues around in case you attempt to play smart by refusing or screaming.

They then collect your ATM cards and ask for your PIN codes. They confirm the PIN there to know if it’s fake.

Their intention is to withdraw at least the Bank ATM withdrawal limit of N150,000 daily between that Friday, Saturday and Sunday.

They do this criminal act on Friday evenings when they know Banks had closed for the day and staffs are on weekend break.

They know majority of Nigerians don’t have the phone numbers of their Account Officers or any staff in their bank and as such can’t place a call to have their ATM card blocked by the bank until 7am Monday morning when banks resume.

In reacting to the reports, Celestine Ukpong, a customer of the bank said all the withdrawal via ATMs should be done at most Friday afternoon when banks are still open. Customers should avoid withdrawing on weekends especially on lonely and relatively less secure environments.

Ukpong cited example of incidents where a lady was attack at gunpoint with 3 of her ATM cards snatched, her PIN collected with a total of #680,000 withdrawn between Friday and Sunday night from her three accounts via ATM.
It was reported that about 12 commercial banks have deployed 12,621 Automated Teller Machine (ATM) across the country in 2016 alone.

He reiterated that remember, when gun speaks, humans stop speaking. You may withdraw on weekends when and only if you have very little cash in your account

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