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 ?
Interac Association, a recognized leader in debit payments, is responsible for the development and operations of the Interac network, the trusted national payment network that allows Canadians to access their money through automated banking machines and point-of-sale terminals across Canada.
The bank has nearly 25,000 employees, 2,145 automated banking machines (ABMs) and 1,474 branches, kiosks and other offices in the region, including affiliates.
Headquartered in Edmonton, ATB Financial is the largest full-service financial institution based in Alberta, serving nearly 700,000 customers through a network of 164 branches, 133 agencies, a customer contact centre, automated banking machines, and the Internet.
With 156 branches and 340 automated banking machines, Laurentian Bank of Canada is well established in the Province of Quebec, operating the third-largest branch network.
It provides service through 157 branches and 134 agencies, telephone and Internet banking, a customer contact centre and automated banking machines.
TO) has announced that it is planning to scale down the withdrawal limit from its automated banking machines (ABM).
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.

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