ATMs that are not operated by a financial institution are known as ' white-label' ATMs.

Other terms include any time money, cashline, tyme machine, cash dispenser, cash corner, bankomat, or bancomat.

In British English, the terms cashpoint, cash machine and hole in the wall are most widely used. In Canada, the term automated banking machine (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. Smaller indoor ATMs dispense money inside convenience stores and other busy areas, such as this off-premises Wincor Nixdorf mono-function ICA ATM in Sweden.Īn automated teller machine ( ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff.ĪTMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as 'ATM machine').

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