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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 ATM transaction is Bank Speak for money withdrawn from an ATM/cash machine.

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9y ago

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The role of ATM in business transaction?

what are the roles of ATM in business transaction.


What is On us transaction?

The transaction done by a user of your Bank ATM on another Banks ATM Machine is called Remote on Us Transaction


What is meant by not on us transaction in banking domain?

The non ON-US transaction is the transaction, which is made on the ATM or POS terminal of the bank other then the bank that issued the card. For an example, if I swiped my ICICI credit card in ICICI ATM, then the transaction is called ON-US transaction. If I swipe my ICICI card in the ATM other then ICICI ATM, then the transaction is called non ON-US transaction.


What is meant by not on-us transaction in banking domain?

The non ON-US transaction is the transaction, which is made on the ATM or POS terminal of the bank other then the bank that issued the card. For an example, if I swiped my ICICI credit card in ICICI ATM, then the transaction is called ON-US transaction. If I swipe my ICICI card in the ATM other then ICICI ATM, then the transaction is called non ON-US transaction.


What is remote on us transaction?

The transaction done by a user of your Bank ATM on another Banks ATM Machine is called Remote on Us Transaction


What does D mean on a ATM statement?

D stands for Debit on an ATM statement. A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account.


What o you mean by Transaction reports?

Transaction reports are those reports which is provided after a machine completes a process such as atm machines . These are needed for future reference


What does debit an account mean?

A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account.


How many types of ATM transaction?

10


What does 'current' on an ATM transaction statement mean?

'Current' on an A.T.M. receipt means 'now' or 'at this exact moment in time'.


What is off us transaction?

Off us transaction is a transaction made in an ATM or a POS of a bank different from the bank that issued the card used to make the transaction


What is the meaning of PCA code in ATM transaction receipt?

The PCA code on a ATM transaction receipt means "personal access code." This is the pin number you use to access your account.