What is an ATM?

An ATM, or Automated Teller Machine, is a machine that allows individuals to perform basic banking transactions without the need for a teller or bank employee. These transactions typically include withdrawing cash, depositing money, checking account balances, and transferring funds between accounts. ATMs are usually located in public places such as banks, convenience stores, and shopping centers.

An ATM, short for Automated Teller Machine, is an electronic banking outlet that allows customers to perform basic transactions without the need for a human teller. ATMs typically offer a range of services, including cash withdrawals, deposits, account balance inquiries, and transfers. They are widely available in public places such as banks, retail stores, and shopping malls, and can be used 24 hours a day, 7 days a week.