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One advantage of using an automated teller machine, or ATM, is convenience since they are generally located in stores where one might need cash from their account or outside of banks where one can access them as a drive-thru. ATMs also offer 24 hour access so one can use them even when the bank itself is closed.

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Q: What are some advantages of using automated teller machines?
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it saves human labour


What is an Automated teller machine?

An ATM (automated teller machine) allows a user to perform basic banking transactions (generally checking account balances, withdrawals, and account transfers) where access to their bank is difficult or inconvenient at their given time and place. When you say ATM Machine I think you mean Automated Teller Machine. This is the device you find at financial institutions and retail locations that dispense cash when you insert your ATM card (the card your bank gives you to access your money from your account using an electronic device) and enter your PIN (personal identification number). ATM machines use ATM networks (as opposed to debit networks for your debit card) to access your account information and dispense cash from your account.


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ATM stands for Automated Teller Machine. One of those machines where you can withdraw money using a keypad, a card, and a PIN code. ATM transaction is Bank Speak for money withdrawn from an ATM/cash machine.


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ATM is the abbreviation for Automated Teller Machine, a special computer that allows you to perform certain limited banking tasks -- like withdraw money from your checking account -- using your credit or debit card. A teller is a bank clerk.


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What is ATM and how work in Hindi?

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