Automated teller machine

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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 ?
The bank has a network of 1,190 branches and offices and 3,869 automated banking machines in Canada.
Uruguay's fourth-largest private bank, NBC operates its largest retail-banking network with 49 branches, 710 employees and 85 automated banking machines. It also has a three-branch subsidiary in Brazil.
It also gained exclusive rights to offer banking services through automated banking machines and branches.
a global provider of information technology and business process services, to continue to manage the technology supporting the Interac network, the national payment network that allows Canadians to access their money through Interac Cash at 60,000 Automated Banking Machines, Interac Debit at 766,000 point-of-sale terminals across Canada and Interac FlashTM.

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