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Yes. An ATM is a money machine that dispenses cash and does a whole bunch of other services to customers of banks. To use the services of a bank's ATM, a customer must definitely have an ATM card or a Debit card that was issued by the bank after the customer opened a bank account with them. All services in an ATM are limited only to customers who have a valid ATM or Debit card.

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14y ago

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Related Questions

What does an ATM machine normally dispense?

The awnser to, 'What does an ATM machine normally dispense?' is Money.


Can you deposit cash on ATM machine?

No, an ATM machine allows you to withdraw money. You have to use a Cash Deposit machine.


How to work ATM?

the ATM is a machine what we can use to take money everyv time we want


What does ATM transaction mean?

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 ATM transaction is Bank Speak for money withdrawn from an ATM/cash machine.


What can make money but can also eat it?

An Atm Machine.


Where is the money located on a ATM?

In a container within the machine.


What will you do if you withdraw from ATM but the ATM did not dispense the money?

If I tried to withdraw money from the ATM but the machine did not dispense the money, I will check if the money has been debited from my account. If the money is gone, then I will raise a formal complaint with the banks customer care department about the same. The bank will verify their ATM Records to confirm that the machine did not dispense the money and then credit the amount back into your account.


What if you forget to take you money at an ATM?

If you forget to take the money at an ATM machine, the machine will take back the cash and keep it inside safely. Your account will not be credited with the amount that was just taken back by the ATM. You need to call up customer care and explain the situation. The bank will check the ATM cash balance and then refund the money, if the machine had indeed taken back the money.


Is it possible to deposit fake money into an ATM?

No, it is not possible to deposit fake money into an ATM as the machine is designed to detect counterfeit currency.


Money oriented ATM abbreviation?

automated teller machine


Is an ATM a vending machine?

Well sure it is! It "vends" money.


What technology is ATM?

A ATM is most likely a machine that produces money after a slot appeared. A technology of a ATM wasn't named yet