HSBC Bermuda is rolling out a new fleet of automatic teller machines across the island.

The bank said the new technology represented a significant investment in enhancing customers’ everyday banking experience.

“The upgraded machines deliver faster, more reliable self-service banking through improved technology and expanded functionality, making routine transactions easier and more convenient,” HSBC Bermuda said.

The new ATMs feature advanced chip-enabled card readers, replacing the previous reliance on magnetic stripe technology to reduce card-reading errors and improve transaction reliability, a statement said.

Customers will also benefit from enhanced cash deposit capabilities, including upgraded immediate credit functionality. This enables cash deposits to be credited to their account instantly, eliminating the need to queue at a teller for routine transactions.

“We know our customers expect banking to fit seamlessly into their daily lives, whether they are visiting a branch or using our self-service channels,” said Tanya Bule, HSBC Bermuda head of international, wealth and premier banking. “This investment reflects our commitment to continually improving the experiences that matter most to our customers.”

The bank said by modernising their ATM network, they are giving customers greater confidence that they can access the services they need, when they need them.

The statement added the upgraded fleet supports a wide range of everyday banking services, including cash withdrawals, cash deposits, local cheque deposits, balance enquiries, account transfers, bill payments and PIN changes, giving customers greater flexibility to bank when and where it suits them.

“Digital innovation continues to transform the way people bank, but convenient access to cash and everyday banking services remains an essential part of the customer experience,” Ms Bule said. “Our role is to ensure customers can choose how they bank with us, supported by technology that is secure, dependable and designed around their evolving needs.”