ATM Full Form

What is ATM Full Form in English? – viewfullform.com

Everyone knows how to use the ATM machine about they don’t know the full form of ATM and this post helpful to them, in this, we have covered the ATM full form, the definition of ATM machine, types of ATM machine, history of ATM, parts of ATM machine, FAQs and conclusion.

ATM full form

 The ATM Full Form is an Automated teller machine, generally used for deposit cash and cash withdrawal from the machine available in every bank. This machine is available in cities for people for easy to take out money from their account.

DEFINITION OF ATM MACHINE:

 ATM is an electromechanical Machine It is used for making financial transition From bank account This machine is used for withdrawing money from a personal account, ATM make the banking process easily Because these machines are automatic There is no need of men power for a transition 

  TYPES OF ATM MACHINE:

  There are two types of ATM machines.

  1. Cash withdrawal ATM machine

 In this ATM machine you can withdraw cash From different accounts like saving account credit account Etc and as well as check the amount balance, in this ATM machine you can take out the mini statement of the account balance.

  • Cash deposit ATM machine.

 In this ATM machine, you can deposit the cash by giving the account details to the Machine, like account number and password. this machine has another option to pay credit bills by the transition of money from a savings account to a credit account. By using this machine you can change the password of the ATM card.

HISTORY OF AN ATM:

John shepherd-Barron (23 June 1925 -15 may 2010) is invented the ATM machine, he born in India. His father is a chief engineer. He got the idea of the ATM machine while bathing, after that he invented the ATM machine.  

First ATM by Barclay bank in London in 1939. John shepherd-Barron wants to make the password in six-digit, but his wife said people get difficult to member the password after that john made a four-digit password, till now the four-digit password is using.

The world’s first gold dispensing is located in ABU DHABI in UAE, from this gold machine 320 types of gold items can be taken out. 

PARTS OF ATM

INPUT:

Card reader: this is the main input of the ATM machine. When the cardholder inserts the card then only the machine knows the details of the cardholder.

Keyboard: keyboard is used to select different options depending on the purpose of the user like selecting the account type entering the password to complete the transition etc.

OUTPUT:

Speaker: speaker provides audible feedback to the user while selecting the option.

Display screen: it displays the option to the user to select the required option to complete the transition.

Receipt printer: receipt printer gives the paper receipt after the complete the transition. It depends on the cardholder, he or she is required or not.

HOW TRANSITION OF AN ATM WORKS:

Most common people use the atm machine for cash withdrawal. Firstly, Cardholder has to insert the card, secondly, select the language, request for transition, thirdly, select the types of account then enter the amount. Fourthly and most important enter a password, after that there will be a message on the screen (you required the mini statement click yes for required or else no), and after that cash will come out.

Why ATM full form is automated teller machine ?

Automated teller machine is also known as cash point but according to the word ATM, people remember as automated teller machines.

Other ATM Full Form:

ATM Full FormCategory
Air Traffic ManagementAir Transport
Association of Teachers of MathematicsEducational Organizations
Asynchronous Transfer ModeSpecifications & Standards
Altamira AirportAirport Codes
Anti-Tank MissileWeapons & Forces
Angkatan Tentera MalaysiaMilitary
AtmosphereMeteorology
At The MomentChat
Adobe Type ManagerGeneral Computing
All The MoneyFunnies
Awareness Through MovementPhysiology
Apollo Telescope MountAstronomy
After The MeetingConferences
Amateur Telescope MakerAstronomy
Across The MilesChat
Any Time MoneyFunnies
Advanced ToastMasterToastmasters
All Types of MusicMusic
After The MoneyGeneral Business
Another Twenty MissingFunnies
Ataxia Telangiectasia MutationHuman Genome
Anti-Tactical MissileMilitary
All The MadnessFunnies
A Tragic MistakeFunnies

FAQs Related to ATM full form:

Who invented the ATM machine?

John shepherd-Barron invented the ATM machine, the first ATM machine set in London in Barclay bank in 1939

What things are required to withdraw from the ATM machine?

1. Bank account
2. ATM card
3. password of ATM card

why now a day become necessary to have bank account?

Each and everything transfer to the digital, Government, and private jobs salaries are directly transferred into the bank account, it is safe and secure so everyone trying to use the bank account.

Conclusion of ATM Full Form:

I hope you people have understood the ATM full form and other concepts of ATM. Which is come under general knowledge everyone has to know. I things this information is helpful to you then, let us know in the comment section.

URL FULL FORM

1 thought on “What is ATM Full Form in English? – viewfullform.com”

  1. Pingback: ITI Full Form | Top 5 ITI Courses And Admission Process Online

Leave a Comment

Your email address will not be published. Required fields are marked *