Automated teller machine

(redirected from Automated banking machine)
Also found in: Dictionary, Thesaurus, Acronyms, Encyclopedia.
Related to Automated banking machine: cash dispenser, automated teller machine, ATMS

Automated teller machine (ATM)

Computer-controlled terminal located on the premises of financial institutions or elsewhere, though which customers may make deposits, withdrawals or other transactions as they would through a bank teller. Other terms sometimes used to describe such terminals are customer-bank communications terminal (CBCT) and remote service unit (RSU). Groups of banks sometimes share ATMs. Sometimes called Automated Banking Machines.

Automated Teller Machine

Commonly called an ATM. A computer program located in a kiosk allowing the user to conduct certain banking transaction. Most often, an ATM allows the user to withdraw cash, but one may also check the balance of an account, make a deposit, make a payment, or conduct other transaction. The user may be assessed a fee to use an ATM, especially if the user's account is at a bank other than the one that owns the ATM.
References in periodicals archive ?
Royal Bank of Canada currently operates 42 branches, four business centers and 68 automated banking machines in eight Caribbean countries, with more than 1300 employees across the region, including The Bahamas.
TO) has announced that it is planning to scale down the withdrawal limit from its automated banking machines (ABM).
Allstream national IP network to support RBC's 1,900 non-branch Automated Banking Machines across Canada
Interac Association is responsible for the development of the national network for two shared electronic financial services: INTERAC Direct Payment, Canada's national debit card service, and INTERAC Shared Cash Dispensing Service for cash withdrawals at Automated Banking Machines.
HP will provide services and solutions supporting CIBC's enterprise infrastructure, including Internet banking, branch tellers, automated banking machines, point-of-sale, wire payments and fraud detection systems.
The Corporation and its shareholders are the architects of Canada's two national networks for shared electronic financial services: Interac Direct Payment, Canada's national debit card service and Interac Shared Cash Dispensing Service for cash withdrawals at Automated Banking Machines.
We selected Speechify Solo for our Audio Access automated banking machines because of its natural sound and its ability to handle numbers and names," said Christina Kramer, senior vice-president, service effectiveness, ABM channel and card management services, CIBC.

Full browser ?