automated teller machine (ATM)

What is automated teller machine (ATM)?

automated teller machine (ATM) definition and meaning on Finance terms:
An electromechanical device that allows authorised users, typically using machine-readable plastic cards, to withdraw cash from their accounts and/or access other services (allowing them, for example, to make balance enquiries, transfer funds or deposit money). See also
cash dispenser<

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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