Definitions for automated teller machine
au·to·mat·ed tell·er ma·chine

Princeton's WordNetRate this definition:0.0 / 0 votes

1. cash machine, cash dispenser, automated teller machine, automatic teller machine, automated teller, automatic teller, ATMnoun

   an unattended machine (outside some banks) that dispenses money when a personal coded card is used

WiktionaryRate this definition:0.0 / 0 votes

1. automated teller machinenoun

   A device that provides bank customers with cash withdrawal and other services without the need for a bank teller.

WikipediaRate this definition:0.0 / 0 votes

1. Automated teller machine

   An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term automated banking machine (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms cashpoint, cash machine and hole in the wall are most widely used. Other terms include any time money, cashline, tyme machine, cash dispenser, cash corner, bankomat, or bancomat. ATMs that are not operated by a financial institution are known as "white-label" ATMs. Using an ATM, customers can access their bank deposit or credit accounts in order to make a variety of financial transactions, most notably cash withdrawals and balance checking, as well as transferring credit to and from mobile phones. ATMs can also be used to withdraw cash in a foreign country. If the currency being withdrawn from the ATM is different from that in which the bank account is denominated, the money will be converted at the financial institution's exchange rate. Customers are typically identified by inserting a plastic ATM card (or some other acceptable payment card) into the ATM, with authentication being by the customer entering a personal identification number (PIN), which must match the PIN stored in the chip on the card (if the card is so equipped), or in the issuing financial institution's database. According to the ATM Industry Association (ATMIA), as of 2015, there were close to 3.5 million ATMs installed worldwide. However, the use of ATMs is gradually declining with the increase in cashless payment systems.

ChatGPTRate this definition:0.0 / 0 votes

1. automated teller machine

   An automated teller machine (ATM) is an electronic banking device that allows customers to perform financial transactions such as withdrawals, deposits, funds transfers, or account balance inquiries without the need for human interaction. These machines are typically located in public places and are available for use 24/7. Using a secure and coded card, users can access their bank accounts in a quick, self-service manner.

WikidataRate this definition:5.0 / 1 vote

1. Automated teller machine

   An automated or automatic teller machine, also known as an automated banking machine, cash machine, cashpoint, cashline or hole in the wall, is a computerized telecommunications device that enables the clients of a financial institution to perform financial transactions without the need for a cashier, human clerk or bank teller. ATMs are known by various other names including ATM machine, automated banking machine, "cash machine" and various regional variants derived from trademarks on ATM systems held by particular banks. On most modern ATMs, the customer is identified by inserting a plastic ATM card with a magnetic stripe or a plastic smart card with a chip that contains a unique card number and some security information such as an expiration date or CVVC. Authentication is provided by the customer entering a personal identification number. The newest ATM at Royal Bank of Scotland operates without a card to withdraw cash up to £100. Using an ATM, customers can access their bank accounts in order to make cash withdrawals, debit card cash advances, and check their account balances as well as purchase pre-paid mobile phone credit. If the currency being withdrawn from the ATM is different from that which the bank account is denominated in, the money will be converted at an official wholesale exchange rate. Thus, ATMs often provide one of the best possible official exchange rates for foreign travellers, and are also widely used for this purpose.

Matched Categories

1. • Machine

How to pronounce automated teller machine?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say automated teller machine in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of automated teller machine in Chaldean Numerology is: 1

2. Pythagorean Numerology

   The numerical value of automated teller machine in Pythagorean Numerology is: 9

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=automated teller machine
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Automated_Teller_Machine
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Automated_Teller_Machine
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=automated teller machine