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 ?
The two men clearly targeted the elderly couple, following them from the cash point into the shop.
Barclays' Wrexham High Street cash point was the bank's busiest in Wales in the run-up to Christmas Picture: MIKE DEAN
TELECOMWORLDWIRE-9 September 2002-Orange service lets mobile users top up at Abbey National cash points (C)1994-2002 M2 COMMUNICATIONS LTD http://www.
Hanco is taking a 10% share of the cash point market in the convenience sector.
So she decided to drive to a cash point in Buckley to get some.
POLICE are reminding people to be vigilant at cash points after a theft in a Northumberland town.
At Birmingham Crown Court, Judge James Burbidge QC told Dervan: "You took that victim, who had precious little money, to the cash point and made him withdraw the only PS10 he had left in the world at that stage.
RAIDERS smashed their way into a shop in a pounds 17,000 cash point burglary.
But now it has emerged a gang has made off with a fortune after posing as cash point engineers at several shops in the North East.
Hayley Matthew, 25, a nurse from Thornhill, Cardiff, said: "When I checked my bank account online last week I noticed pounds 200 had been taken out at a cash point in Rome.
Men, on average, perform their transactions at a cash point in under fifteen seconds.
While a gunman kept shoppers at bay, Parr and Dean Braham, 20, cut into the pounds 125,000 cash point with an angle grinder and an axe.