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Yes, it is. The ATM machine has to communicate with it's respective bank in order to

  • A. Confirm you actually have enough money to withdraw from your account, and
  • B. To add deposited money to that account
Just think, if ATMs didn't communicate with a bank in real time, someone could organize a group of people to continuously withdraw money from an account, and without the ATMs communicating, they could go on until the ATM runs out of money.
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Q: Is ATM machine a real time communication?
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