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 ?
8DO TV PRESENTER and former Bucks Fizz singer Cheryl Baker opened the first drive-thru cash machine on May 22, 1998, at Hatton Cross, near Heathrow Airport.
7 The idea of a cash machine was first thought up by Turkish inventor Luther George Simjian in 1939, but never got off the ground.
70,000 CASH MACHINES IN UK HALF a century after the first ATM appeared, there are now around 70,000 cash machines across the UK.
CCTV images of two |women police wish to trace following a theft from a cash machine
Even something that may sound insignificant could be part of a bigger picture and prove invaluable in convicting someone involved in cash machine crime.
Through the Cash Machine entrepreneurs can quickly access the cash and credit they need to grow their business.
But criminals have been switching attention to cash machine crime, either through attacks on ATMs or by stealing from people taking out cash.
In May 2006, Rainhill lost its free car parking with the introduction of 24hour fees, and its only cash machine when HSBC went earlier this year.
It believes the agreement obliging operators to warn of charges is interpreted loosely by some: warning signs placed at knee height, or printed in the same colour as the cash machine, can be difficult to read.
AMONG the many facilities available at Cheltenham, none is more profoundly useful than the temporary cash machine near the paddock.
At the same time they are putting up their charge for using a cash machine outside their network from pounds 1 to pounds 1.