answersLogoWhite

0


Best Answer

ATM Machines are Teller Machines that work automatically. It performs basic task of reading your ATM card, countimng the money and making it available through an output device.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are some of the basic tasks ATM perform?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

What does ATM mean in banking?

ATM is the abbreviation for Automated Teller Machine, a special computer that allows you to perform certain limited banking tasks -- like withdraw money from your checking account -- using your credit or debit card. A teller is a bank clerk.


How do you balance inquiry my ATM online?

You cannot perform a balance inquiry on your ATM - Online. You have to either login to your bank account using online banking to check your balance or visit the nearest ATM and use your ATM/Debit card to check your balance. You cannot access your ATM online.


Can you check your blance ATM?

Yes you can check your bank balance at the ATM. All you need is a valid ATM card and a PIN number. If you possess that, first insert the card into the machine and enter the PIN number. When the ATM asks you which transaction to perform - choose Balance Inquiry and the machine will display the balance for you.


What is ATM pin?

An ATM PIN stands for Personal Identification Number. It is a unique number that is specific to an ATM card and a customer. This number needs to be entered in the ATM machine for every transaction the user wishes to perform in the machine. This number is confidential and the customer has to keep it safe and not share it with anyone to avoid misuse.


What do you used ATM card for?

You can use an ATM Card to perform a lot of services. Some of them include: a. Withdraw cash b. Check your account balance c. Transfer funds d. Top up mobile phones (talk time) e. Print out statements f. Etc

Related questions

What does ATM mean in banking?

ATM is the abbreviation for Automated Teller Machine, a special computer that allows you to perform certain limited banking tasks -- like withdraw money from your checking account -- using your credit or debit card. A teller is a bank clerk.


What services does an ATM provide?

ATMs provide basic services of cash withdrawal, balance checking as well as deposit facility in some advanced and improved ATM Machines. more advanced ATM machines also provides remote teller interaction too.


How do you balance inquiry my ATM online?

You cannot perform a balance inquiry on your ATM - Online. You have to either login to your bank account using online banking to check your balance or visit the nearest ATM and use your ATM/Debit card to check your balance. You cannot access your ATM online.


Merits of automatic teller machine?

Some of the merits of an ATM are: a. You can perform banking transactions anytime you want b. You don't have to go to the bank branch. You can walk to the nearest ATM machine c. You don't have to bother about national or banking holidays


Can you check your blance ATM?

Yes you can check your bank balance at the ATM. All you need is a valid ATM card and a PIN number. If you possess that, first insert the card into the machine and enter the PIN number. When the ATM asks you which transaction to perform - choose Balance Inquiry and the machine will display the balance for you.


What is ATM pin?

An ATM PIN stands for Personal Identification Number. It is a unique number that is specific to an ATM card and a customer. This number needs to be entered in the ATM machine for every transaction the user wishes to perform in the machine. This number is confidential and the customer has to keep it safe and not share it with anyone to avoid misuse.


What do you used ATM card for?

You can use an ATM Card to perform a lot of services. Some of them include: a. Withdraw cash b. Check your account balance c. Transfer funds d. Top up mobile phones (talk time) e. Print out statements f. Etc


Whats the meaning for ATM surcharge?

An ATM Surcharge is the service charge that you have to pay for using a private ATM or the ATM of some other bank. For ex: If you have a Bank of America ATM and opt to use a private ATM machine in a shopping mall or a Chase bank ATM, then you will charged a surcharge for using an ATM that is not in Bank of America network because - the owner of the ATM would charge Bank of America for its customer taking money from their ATM


Can a minor get ATM card?

yes, the minor can get ATM card, see the examples of some banks of Pakistan.


What does cash bnkm stand for?

You might have withdrawn cash from an ATM ( with some extra charge) !


When did the ATM come out?

Some sources say that the first ATM was put into use on June 27, 1967 in the UK


Where can one find ATM locator?

There are some websites where one can find an ATM locator. Some of those websites include Visa, and on that website one can go to the ATM Locator section. Another website is MasterCard, where one can do the same as Visa.