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An ATM or automatic teller machine is an electronic terminal that allows one to conduct many bank transactions without the assitance of a human.

Expanded Definition

Typical transactions include deposits, and cash withdrawals, but some machines allow additional functions.

Security is a goal of such machines. Most use a combination of a debit card issued by the bank and a password to access your account.

ATM machines are found in many locations in stores, malls, casinos, etc. These machines allow convenient access to funds in an account. However, some machines and some banks charge ATM fees for use of certain machines. These fees can make use of an ATM machine costly, especially for small transactions.

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