Banking Full Forms List

ATM Full Form

ATM Full Form is  ATM Automated Teller Machine

What is the full form of ATM


Then, you’ll get the answer of following ATM affiliated questions what’s the full form of ATM, what does ATM stand for, what’s the meaning of ATM, how ATM works and what does ATM.


ATM Automated Teller Machine

The full form of ATM is Automated Teller Machine. ATM is an electro-mechanical machine that’s used for making fiscal deals from a bank account. These machines are used to withdraw plutocrat from particular bank accounts.

This makes banking process veritably easy because these machines are automatic and there’s no need of mortal cashier for sale. The ATM machine can be of two types; one with introductory functions where you can withdraw cash and another bone with further advanced functions where you can also deposit cash.


Basic ATM Parts

The ATM is a stoner-friendly machine. It features colorful input and affair bias to enable people fluently withdraw or deposit plutocrat. The introductory input and affair bias of an ATM are given below


Input Devices

Card Reader : This input device reads the data of the card which is stored in the glamorous strip on the aft side of the ATM card. When the card is swiped or fitted into the given space the card anthology captures the account details and passes it to the garçon. On the base of account details and the commands entered from the stoner garçon allows cash dispenser apportion the cash.

Keypad : It helps the stoner to give the details asked by the machine like particular identification number, quantum of cash, damage needed or not, etc. The Leg number is transferred in the translated form to the garçon.


Affair Bias

Speaker It’s handed in the ATM to produce the audio feedback when a key is pressed.

Display Screen It displays the sale affiliated information on the screen. It shows the way of cash pullout one by one in sequence. It can be a CRT screen or a TV screen.

Damage Printer It provides you the damage with details of deals published on it. It tells you date and time of sale, the pullout quantum, balance,etc.

Cash Dispenser It’s the main affair device of the ATM as it dispenses the cash. The high perfection detectors handed in the ATM allows cash dispenser to apportion the correct quantum of cash as needed by the stoner.

How ATM works

To start the functioning of ATM, you have to fit plastic ATM cards inside the ATM machines. In some machines you have to drop your cards, some machines allows switching of cards. These ATM cards contain your account details and other security information in the form of a glamorous strip. When you drop/ change your card, machine gets your account information and asks for your Leg no. After the successful authentication, machine will allow fiscal deals.

What ATM does

ATM Full Form

Now a day, ATM has a lot of functionalities along with its introductory use of cash allocating. Some of them are

Cash and cheque deposit

Fund transfer

Cash pullout and balance enquiry

Leg change and mini statement

Bill payments and mobile recharge etc.


The first ATM was used to apportion cash for guests by Chemical bank at New York (USA) in 1969.


Note Leg is a 4 number security number handed by the bank with the ATM card. Leg number is changeable, you can change it according to your convenience.


Important/ Intriguing Data about ATM

Inventor of ATM John Shepherd Barron.

ATM Pin Number John Shepherd Barron allowed to keep a 6 integers leg number for the ATM, but it wasn’t easy for his woman to remember a 6 integers leg so he decided to prepare a 4 integers ATP leg number.

World’s first floating ATM State Bank of India (Kerala).

First ATM in India Installed by HSBC (Hongkong and Shanghai Banking Corporation) in 1987.

First ATM in the World It was installed on 27 June 1967 at the Barclays Bank of London.

First Person to use ATM The notorious comedy actor Reg Varney was the first person to withdraw cash from the ATM.

ATM without an Account In Romania, which is a European country, one can withdraw plutocrat from an ATM without having a bank account.

Biometric ATM Biometric ATM is used in Brazil. As the name suggests, the stoner is needed to overlook his or her fritters at these ATMs before withdrawing plutocrat.

World’s Highest ATM It’s installed in Nathu-La substantially for the army personals. Its height is bases above ocean position and is operated by Union Bank of India.

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