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Every ATM Machine is wired into the banks account database.
Below are the steps as to how it works:
- Customer visits the ATM and inserts his card into the machine
- ATM reads the magnetic stripe to identify the user
- ATM prompts the user to enter his identification pin number
- If the user enters an incorrect pin, the transaction is cancelled and the card is returned
- If the user enters the correct pin, the machine shows him a menu of operations like withdrawal, deposit, balance inquiry etc.
- User chooses his option - Ex: Withdraw cash
- Machine connects to the bank database to check if the user has sufficient balance in his account to successfully complete the withdrawal transaction
- If so, the machine dispenses cash that the user asked for
- Machine updates users account with the withdrawal and updates the balance accordingly
- Machine returns the card and a receipt advise on the transaction just performed
- User takes his card and leaves the ATM
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How do you transfer money ATM to ATM?
You draw the money from the first ATM, then you walk/crawl/fly/swim to the other ATM and deposit it into that ATM.
What is the meaning of ATM custodian?
ATM custodian is someone who maintains an ATM.
What is ATM simulator?
ATM Simulator is basically an application software which acts as a simulation to ATM.
How do an ATM read an ATM pin?
ATM card readers built inside the ATM machines can read the magnetic strip that contains every information about the ATM card including the PIN number.
What is ATM stands for?
ATM stands for AUTOMATED TELLER MACHINE .
Can a 14 year old get a atm card?
Yes. I am 13 and I have an ATM card that works on any ATM. Just go to the website or bank.
How an ATM machine works?
ATM Machines read the card details when an ATM card is inserted and prompts the user to insert the amount of cash required, it then counts the cash and dispenses it which gets deducted from the user's bank account.
What is the proper name for a hole in hole in the wall cash machine?
an atm machine. Cash machine works fine.
How does ATM work in details?
An ATM machine has a 4-wire, point to point dedicated telephone line which helps in connecting it with the host processor. These types of machines are preferred in places where the user volume is high. They are considered high end and the operating costs of this type of a machine is very high.
What is a ATM charge?
An ATM charge is when you are using an ATM that is not the ATM of your bank' company. Therefore, they charge you for it
What does ATM RFD mean?
The words ATM RFD on a bank statement have to do with ATM machine use. ATM RFD means ATM refund.
How do you transfer money ATM to ATM?
You draw the money from the first ATM, then you walk/crawl/fly/swim to the other ATM and deposit it into that ATM.
If two gases with pressures of 2 ATM and 3 ATM are mixed at a constant temperature what will the total pressure be?
2 atm + 3 atm
What change in pressure would result in the volume of gas increasing A 2 ATM to 3 ATM B 3 ATM to 4 ATM C 4 ATM to 1 ATM D 1 ATM to 3 ATM?
Decreasing the pressure of a gas will increase its volume -- C
What is the meaning of ATM custodian?
ATM custodian is someone who maintains an ATM.
Can you locate an ATM by the ATM?
If the ATM has a GPS system installed related to the other branches and ATM joints, you can check that.
What is the total pressure of a gas mixture containing partial pressures of 0.23 ATM ATM and 0.89 ATM?
1.54 atm
