ATM (Automated Teller Machine) — CA Saba Naaz
AUG 19, 2022 ATM, ATM bank, ATM Banking, ATM full form, ATM machine use, ATM Meaning, Automated teller machine, Definition of ATM, Features of ATM, How Automated Teller Machines Work, How is ATM used?, Importance of ATM, What is ATM, Whats does ATM means?
ATM or an Automated Teller Machine is an electronic machine installed at various places to help people perform financial or banking transactions themselves, without visiting the bank or without the assistance of a bank representative. Anyone with a credit card or a debit card can access cash at the ATM.
Few ATMs allow only cash withdrawal and bank balance checking facilities, while others allow a variety of banking transactions like deposits, withdrawals, bill payments, fund transfers, etc. A small fee is charged by some of the ATMs. ATMs provide 24*7 access anywhere, thereby easing financial transactions by a common man.
