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An ATM is an important entity for a bank. It is a facility through which banks can reach out to customers and provide banking services without the customer having to visit the bank branch. Some of the services banks offer through ATMs are:

  1. Cash Withdrawal
  2. Balance Inquiry
  3. Statement Advise
  4. Fund Transfer
  5. Cash Deposit
  6. Check Deposit
  7. Prepaid Mobile Recharge

The presence of a good ATM network, significantly boosts the chances of a customer choosing a bank for his banking needs.

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Q: What are the importance of ATM to a bank itself?
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