Käteisnostot

Käteisnostot refers to the act of withdrawing cash from an ATM. The term is a compound word in German, combining "Käte" (a colloquial term for money) and "Not" (meaning need or necessity), and "Not" (meaning necessity or need) and "Ausgaben" (meaning expenses). In essence, it signifies withdrawing money to meet immediate needs or expenses. This practice is common worldwide, facilitated by automated teller machines (ATMs) that allow individuals to access their bank accounts and retrieve physical currency.

The process typically involves inserting a debit or credit card into the ATM, entering a personal identification number (PIN) for security, and then selecting the desired withdrawal amount. ATMs are usually found in public spaces such as banks, shopping centers, and convenience stores, providing 24/7 access to cash. While convenient, käteisnostot may sometimes incur fees, particularly if the ATM is not operated by the cardholder's bank or if international withdrawal limits are exceeded. The availability and cost of käteisnostot can vary significantly depending on the financial institution and the geographic location.