Automatic Teller Machine (ATM)

An Automatic Teller Machine (ATM) is an electronic banking outlet, which allows customers to complete basic banking transactions without the assistance of a bank teller. Common transactions performed at ATMs include deposits, withdrawals, balance inquiries, and transfers. Withdrawals from ATMs may be subject to limits set by the bank or the card issuer. Other services such as bill payments, account information and PIN changes are also available through most ATMs.