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The definition of ATM From Wikipedia: is an electronic telecommunications device that enables the clients of a financial institution to perform financial trans
by ccarpenterg 13y ago
The definition of ATM From Wikipedia:
is an electronic telecommunications device that enables the clients of a financial institution to perform financial transactions without the need for a cashier, human clerk or bank teller.
- jwr 13y agoYes, I was certain somebody would nitpick on the details. Somebody always does. But I think I was very clear in describing what I think the difference is, and I also think that most people when asked to describe an "ATM" would not describe a machine that takes your money, but rather one that dispenses it.
- ddoolin 13y agoEven the full name of "ATM" doesn't limit itself to withdrawals, just as Tellers have never been limited to withdrawals. Much the way that international ATMS allow you to "buy" the local currency for whatever currency may be in your account.