ATM (Automated Teller machine) In Bangladesh
Automated Teller Machine (ATM) is the well-known machines to provide electronic access to customers. With advent of ATMs, banks are able to serve customers outside the banking hall. ATM is designed to perform the most important functions of a bank. It is operated by plastic card with its special features. The plastic card is replacing cheque, personal attendance of the customer, banking hour’s restrictions and paper-based verification. ATMs have made hard cash just seconds away all throughout the day at every corner of the globe. A decade ago ATM was a mere cash dispenser but today ATMs allow doing a number of banking functions – such as withdrawing cash from one’s account, account deposits, making balance inquiries and transferring money from one account to another – using an ATM card and personal identification number issued by the financial institution. The most recent additions include bill payment and mobile banking.