what is the use of an ATM
Answers
An automated teller machine (ATM) or cashpoint (British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, or account information inquiries, at any time.
Answer:
ATM is a machine which dispenses cash
Explanation:
ATM is an electronic banking outlet that allows you take cash without needing to go to the bank. but to access it you need a credit card .
you simply get cash out of your account. For a withdrawal, you'll just indicate how much you want to take out (usually in increments of $20, but some ATMs allow you to take out smaller bills). Deposits can also be made at most ATMs.
ATMs are convenient, allowing consumers to perform quick self-service transactions such as deposits, cash withdrawals, bill payments, and transfers between accounts.
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