Meaning of AUTOMATED TELLER MACHINE in English

AUTOMATED TELLER MACHINE

An electromechanical device which permits authorised users, typically using machine-readable plastic cards, to withdraw cash from their accounts and/or perform additional banking operations such as making balance enquiries, transferring funds or making deposits. ATMs may be operated either online with real-time access to an authorisation database or offline.

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.