What is the fullform of ATM?

 

Full form of ATM


You must be using ATM in your daily activities. We have to use ATM for all the work, whether to withdraw money or to whom to send money. But do you know what is the full form of ATM?


This question is often asked in many competitive examinations, due to lack of correct information, many candidates are defeated here and are unable to answer this question. In this post, we will learn about the full form of ATM and information related to ATM. Many of us think that ATM full form is Any Time Money but it is not correct. Today we will get information about the full form of ATM.


ATM is known by various names in other parts of the world. In Canada, ATMs are also known as ABM (Automatic Banking Machine). In other countries, the terms Cash Point, Cash Machine, Mini Bank, and "Hole in the wall" are used. So today I thought, why don't you know what the full form of ATM is? The correct answer should be told so that you will never be stressed about this question. Then let's start.


Full form of ATM

What is the full form of an ATM?

The full form of ATM is "Automated Teller Machine".

If we analyze it then we will find,
A - Automated
T - Teller
M - Machine

Other full forms of ATM

Now let us know about some other Full Forms of ATM which are given below.

1. Air traffic management (in aviation terminologies)

2. Asynchronous Transfer Mode (in I.T. Sector) This is a telecommunications concept that has been defined by ANSI and ITU.
3. Association of Teachers of Mathematics (This is a non-profit organization and registered charity
Is of UK)

4. Angkatan Tentera Malaysia (Malaysian Armed Forces)

WHAT IS ATM?

ATM is an electronic telecommunications device that is used for financial transactions such as cash withdrawals, deposits, fund transfers, and other bank-related transactions at any time. This makes the banking process very easy as these machines are automatic and there is no need to interact directly with the bank employees.

Users access their account through a special type of plastic card, encoded with the user's information on a magnetic strip above the card. The Strip has an Identification Code which is transmitted by the Modem to the Central Computer of the bank. Users access the card to ATM to access their account and process their account transactions.




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