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Automated Teller Machine
(redirected from Automatic teller machines)

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
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.


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He also helped invent and introduced the first nationally accepted debit card and introduced the group of automatic teller machines that evolved into the present day ATM.
Have you ever stopped to wonder exactly how it is that automatic teller machines (known as ATM's) work?
It will occupy 4,000 s/f of the ground floor and will offer a drive-through, automatic teller machines and banking services.
 
 
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