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What does ATM mean?

Overview \x0d\\x0d\ (1) ATM automatic teller machine \x0d\ ATM is the abbreviation of Automatic Teller Machine, which means automatic teller machine. Because most of them are used for withdrawing money, they are also called automatic teller machines.

It is a highly sophisticated electromechanical device that uses magnetic code cards or smart cards to implement self-service financial transactions, replacing the work of bank teller personnel.

It can withdraw cash, check deposit balances, transfer funds between accounts, balance inquiries, etc. It can also perform cash deposits (real-time entry), check deposits (not available in China), passbook replacement, intermediary services, etc.

Cardholders can use credit cards or debit cards to handle automatic withdrawals, balance inquiries, transfers, cash deposits, passbook registration, fund purchases, password changes, mobile phone bill payments and other services based on the password.