ATM machine


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ATM machine

(Automatic Teller Machine machine) A banking terminal that accepts deposits and dispenses cash. ATMs are activated by inserting a cash or credit card that contains the user's account number and PIN on a magnetic stripe. The ATM calls up the bank's computers to verify the balance, dispenses the cash and then transmits a completed transaction notice. The word "machine" in the term "ATM machine" is certainly redundant, but widely used.


The Money Machine
Rubber rollers move one bill at a time from the currency box (each holds about 2,000 bills) to the dispenser area. A sensor determines if two or more bills are stuck together or if the wrong denomination was pulled and causes them to be inserted into the reject box.
References in periodicals archive ?
What are the market opportunities and threats faced by the vendors in the ATM machine market in Brazil?
In February, the gang stole an ATM machine from Dibba Al Fujairah, which contained Dh753,100 and a money deposit machine that belonged to a telecommunication company, which contained Dh14,500.
Detective Sergeant Tom Drysdale, of South Bank CID, said: "It was an organised raid, targeting the ATM machine - but the culprits were unsuccessful.
com is a leading wholesale supplier of retail ATM machines, parts, supplies and repair service in the United States, and has been an active member and sponsor of the ATMIA and the U.
I saw an Arabic man standing next to an ATM machine in Al Alawi Mall in Nuwaidrat while I was trying to deposit money," he said.
Police were called to the Co-op, on Church Road, in Bebington, after the device was discovered attached to an ATM machine earlier this month.
Brigadier Hamad Ajlan Al Amimi, Director of the Al Ain Police and Directorate of the Abu Dhabi Police, said that the police operations room received a call in the early hours of Thursday reporting the incident saying some masked men were attempting to steal an ATM machine belonging to a bank.
The 41-year-old Sri Lankan guard is believed to have stolen Dh8,000 from an ATM machine at the bank's branch in Al Khor area.
UAE s Zakat Fund, an authority that has been established to enhance awareness regarding one of pillars of Islam, recently opened its 11th Zakat Fund ATM machine in UAE capital of Abu Dhabi as part of its strategy to enhance Zakat through innovative methods and to reach maximum number of people.
It requires driving several miles to deposit a check or even access an ATM machine.
You may also prefer a bank where you can stand in line for a reasonable time and deal "in person" with a teller rather than with a faceless ATM machine.
One of them believed that I entered his card into one ATM machine and it would come out of another.