ATM

An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, transfer funds, or obtaining account information, at any time and without the need for direct interaction with bank staff.

ATMs are known by a variety of names, including automatic teller machine in the United States (ATM, American, British, Australian, Malaysian, South African, Singaporean, Indian, Maldivian, Hiberno, Philippines and Sri Lankan English), often redundantly ATM machine, automated banking machine (ABM, Canadian English). In British English, the terms cash point, cash machine, minibank (the official name of the Yorkshire bank ATM's) and "hole in the wall" are most widely used.

This week, a look at the ATM.

TTFN, Fred.

Quote of the week: "A person has three choices in life. You can swim against the tide and get exhausted, or you can tread water and let the tide sweep you away, or you can swim with the tide, and let it take you where it wants you to go." - Diane Frolov and Andrew Schneider, Northern Exposure, Northern Lights, 1993

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