0
An Automated Teller Machine or an ATM as it is commonly called is a machine that provides banking functions to customers. It is needed because:
- Not all bank branches are open on all days of the week
- Customers may need banking functions even on holidays and weekends
- Customers may not be in a position to visit the bank everytime they want to withdraw or deposit money
So, the ATMs help banks to provide banking services to their customers 24*7 on all 365 days of the year.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Can you receive money on your ATM even your ATM had no money?
Some banks will allow it if you have overdraft protection and a line of credit, then your account is setup especially with that purpose in mind.
How do you offer your property for rent to any banking sector to place an ATM?
yes i want to give my property for atm purpose and this located at main road mozapur near ( seelampur to yamunavihar ) contact 9136801407
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.
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.
Can you receive money on your ATM even your ATM had no money?
Some banks will allow it if you have overdraft protection and a line of credit, then your account is setup especially with that purpose in mind.
What are the main purpose of having ATM?
For people who at work themselves when the banks are open, and can only get there after the banks are closed.
How do you offer your property for rent to any banking sector to place an ATM?
yes i want to give my property for atm purpose and this located at main road mozapur near ( seelampur to yamunavihar ) contact 9136801407
What was used for error detection in ATM networks?
CRC is used for this purpose. The control field is HEC (header error control).
What is an ATM and what is it's purpose?
An ATM stands for Automated Teller Machine. It is a machine that is connected to a banks network which is accessible to all the banks customers. Every customer is given a magnetic card which is specific to their account and customers can access their bank account using their respective card in the ATM. They can avail services like balance inquiry, cash withdrawal, print out mini-statement, transfer funds using an ATM.
How much digit does a ATM card have?
There is no fixed number of digits for an ATM card number. It can differ from bank to bank. Some banks have 10 digits in their cards whereas some follow the international VISA standard and have 16 digits. As long as the card is able to serve its purpose of ATM transactions, the number of digits does not matter.
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.
