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ATM Full Form - What is a Full Form of ATM

ATM Full Form

ATM stands for Automated Teller Machine, a computerized device used for banking transactions such as withdrawing cash, checking account balance, and depositing funds.

What is an ATM

An ATM is a machine that allows customers of financial institutions to perform various financial transactions such as deposit, withdrawal, and check account balance without the need to visit a bank branch. Customers can access their accounts using an ATM card and a personal identification number (PIN). ATMs are widely available in many locations such as banks, shopping centers, airports, and more.

Similar terms:

  • Automated Banking Machine (ABM)
  • Cash Machine (CM)
  • Cash Point (CP)

Related terms:

  • Debit Card
  • Credit Card
  • Online Banking
  • Mobile Banking

Summary

ATM stands for Automated Teller Machine, a device used for banking transactions such as withdrawals, deposits, and checking account balance. ATMs are widely available and allow customers to access their accounts using an ATM card and PIN. Similar terms include ABM and CM, and related terms include Debit Card, Credit Card, and Online Banking.

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