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What does ATM mean in banking?

Updated: 9/18/2023

Wiki User

∙ 14y ago

Best Answer

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.

Wiki User

∙ 14y ago

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Wiki User

∙ 15y ago

ATM stands for Automated Teller Machine.

It is a device used to dispense cash to customers by banks.

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Continue Learning about Accounting

In banking what does ATM stands for?

ATM stands for "automated teller machine"

How can you cheak your account balance?

By internet banking orBy calling up phone banking helpline number orBy visiting the nearest bank branch orBy visiting the nearest ATM center and using the ATM cardby internet banking

What are two activities that may be completed eith ATM's?

Two banking activities that can be completed with an ATM are deposits and withdrawals. Account balances can also be checked at an ATM location.

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.

How do you use ict for banking?

There are many ways to use ICT in banking. But it is known that the most popular way is used thought ATM and using online banking. ICT can also be used in banking to store information to the credit cards, cash cards and debit cards.

Related questions

What are the effects of using ATM in Nigeria banking sector?

The effectiveness of ATM in Nigeria is one of the easy banking

In banking what does ATM stands for?

ATM stands for "automated teller machine"

Can you get the net banking password by ATM in State Bank of India?

can I get net banking password through the ATM in State Bank of India?

What does ATM stand for in the banking system in India?

ATM- Automated Teller Machine

What of following is an example of electronic banking?

Using an atm

How do you write a letter to replace ATM and include net banking facility in that ATM?

ATM full form Automatic Tailor Machine

What are the emerging trends in bank?

Emerging trends in banking are atm,debit and credit card,internet banking,core banking,mobile banking,NEFT,RTGS,MICR cheques and draft etc.............

What is the relationship between ATM banking as a service and the satisfaction of clients?

ATM banking services the need of clients to at any time check the balance of their account and/or access the money in their account.

What is full abbreviation of ATM in banking?

automatic tralor machine.

Barclays banking abbreviations what does DWL stand for?

what does ATM stand for

How can you cheak your account balance?

By internet banking orBy calling up phone banking helpline number orBy visiting the nearest bank branch orBy visiting the nearest ATM center and using the ATM cardby internet banking

Has the ATM improved banking services?

Yes, It improved a lot. ATM as well Internet Banking Improved banking services. We can transfer funds only by knowing account number and IFSC Code from one account to other in simple clicks.

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