Our valued sponsor

Important question, which information is stored in an ATM transaction after withdraw?

clemens

Corporate Services
Mentor Group Lifetime
Jan 2, 2009
3,064
1,126
113
Spain
Visit site
Is their anyone that knows which information are stored when you use your Debit card with an ATM machine to withdraw money?


I have been reading and many advice not to use the debit card in my home country only use it abroad!


Also I read that GIFT cards might be the way to have a 100% anonymous solution for using money on an offshore bank account!
 
Your debit card have a magnetic strip at he back and all information about you and your account is stored in this strip. At the time you swap your card in any ATM, all information transferred into thew machine and then only machine will give you the access.