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What are the benefits of automated teller machines?

Updated: 9/21/2023

Wiki User

∙ 12y ago

Best Answer

an automated teller machine is a device that allows people to withdraw cash from their bank accounts without the need for a cashier. the bank issues each client an ATM card. The card contains a number and some other information. The client inserts the card into a slot in the machine. HE THEN USES A KEYPAD TO ENTER A CODE OR PASSWORD and the amount that he wishes to withdraw.

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∙ 12y ago

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What does atm stands for?

The money meaning of ATM is Automated Teller Machine.When ATM is used in casual conversation it normally means : At The Moment(for sort)

What is the expansion of ATM?

Automated Teller Machine

What dioes ATM mean?

If you are speaking about the bank machines it stands for 'Automated Teller Machine' but if your speaking scientifically it's an abbreviation for 'atmosphere'. Hope this Helps Chloe x

What is the full name of ATM?

Automated teller machine

Full meaning of ATM?

automated teller machine

Related questions

What are the advantages of computer banking sector?

Automated Teller Machines (ATM) are computerized Machines that allow customers to conduct basic banking transactions without an attendant or bank teller. Online Shopping. By Net banking we can check the details

What does ATM stand for in the banking system in India?

ATM- Automated Teller Machine

What does atm stands for?

The money meaning of ATM is Automated Teller Machine.When ATM is used in casual conversation it normally means : At The Moment(for sort)

Who was found in the ATM?

automated teller machine

What is the application of ATM?

Automated Teller Machine

What is the expansion of ATM?

Automated Teller Machine

What dioes ATM mean?

If you are speaking about the bank machines it stands for 'Automated Teller Machine' but if your speaking scientifically it's an abbreviation for 'atmosphere'. Hope this Helps Chloe x

Why is there a T in ATM?

ATM means: Automated Teller Machine. So the "T" stands for "Teller."

What does the acronym a.t.m stand for?

automated teller machine.

Full name of ATM?

Automated teller machine

What is the full form of ATM?

Automated teller machine

What is the full meaning of ATM?

automated teller machineyes

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