Automated teller machine (ATM)
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- A machine, activated by a magnetically encoded card or other medium, that can process a variety of banking transactions. These include accepting deposits and loan payments, providing withdrawals, and transferring funds between accounts.
The Office of the Comptroller of the Currency - Cite This Source - This Definition - Electronic funds transfer (EFT), Error resolution, Preauthorized electronic fund transfers, Red Cross Scheme, Wire transfer