Automated teller machine (ATM) - Financial definition
Financial acronyms
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Concise definition of the term automated teller machine
An ATM is a computer-controlled terminal located on the premises of financial institutions or elsewhere, through which bank customers may make deposits, withdrawals, or other transactions using a debit or credit card.
Comprehensive definition of the term automated teller machine
These terminals are sometimes also described as customer-bank communications terminals (CBCT) or remote service units (RSU).