Full Form Of ATM | What Is The ATM Full Form?
What IS The Full Form Of ATM?
Full form of ATM – Automated Teller Machine
What ATM Means?
Later ATM was spread all over the world. Today, almost all bank is using ATM for dispensing cash. Some banks are using it for collecting cash also and called recycler machine.
Recycler ATM can do both works i.e. collecting and dispensing cash. Earlier, the bank has to refill the cash every time. But in the recycler machine, no need to refill cash every time. One customer will deposit the cash and another customer will withdraw. So, the recycle will move until the ratio was maintained.