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AUTOMATED TELLER MACHINE (ATM)

Statistics Directorate    
Definition:
An electromechanical device that permits authorised users, typically using machine-readable plastic cards, to withdraw cash from their accounts and/or access other services, such as balance enquiries, transfer of funds or acceptance of deposits. ATMs may be operated either online with real-time access to an authorisation database or offline.

Source Publication:
A glossary of terms used in payments and settlement systems, July 2001, Committee on Payment and Settlement Systems, Bank for International Settlements.

Hyperlink:
http://www.bis.org/publ/cpss00b.pdf

Statistical Theme: Financial statistics

Created on Thursday, August 22, 2002