Automated teller machine

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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 ?
New York City visitors could benefit from a measure that would allow police to arrest ``squeegee men,'' beggars at automatic teller machines, and other aggressive panhandlers.
In addition, Chex Services announced it has signed a contract with Fond du Loc Development Corporation in Cloquet, Minnesota, to deploy Chex's latest ATM & networking technology for their automatic teller machines.
Thumbnail-sized chips using the new technology will usher in an era of automatic teller machines that can recognize a user's face, a PC on a wristwatch, or simply laptop computers with longer memory life, said the Dallas-based company.
Our customers will realize immediate benefits, including access to a greater number of automatic teller machines, bank branches and coin counting machines.
It services more than 6 million retail banking customers through 222 domestic branches and 471 automatic teller machines.
Founded in 1994, its original goal was to function as an authorization clearing house for the German credit market and to process inter-institutional authorizations of automatic teller machines and electronic cash, POS and cashcard reload transactions for the VOB's member institutes.
The Bank serves its customers from 20 full-service banking offices, 27 branch-based and 26 off-premise automatic teller machines, and at 12 proprietary banking service locations (StoreTeller(R)) situated in a large area supermarket chain.
The NetSpend Card, which is a prepaid debit card that carries the MasterCard logo, is accepted by more than 30 million merchants and can be used in more than one million automatic teller machines around the world.
Demonstrations of the new machines, which are similar to automatic teller machines, are scheduled throughout the county during the next two months in order to familiarize voters with the process.
This provides the functionality to support remote key loading for Automatic Teller Machines (ATMs) and upgrades the EMV Chip Card support.

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