ATM full Form

What is the full form of ATM

Here, you will find answers to the questions related to ATM: what is the full form of ATM, what is ATM, what does ATM mean, how does ATM work and what does ATM do.

ATM: Automatic Teller Machine

ATM full form is Automated Teller Machine.  ATM is an electro-mechanical machine used to conduct financial transactions from a bank account.  This machines are used to withdraw money from Linked ATM personal bank accounts.

This makes the banking process much easier as these machines are automated and there is no need for a human cashier for transactions.  There are two types of ATM machines; One with basic functions where you can withdraw cash and another with more advanced functions where you can also cash in with cash withdrawal.

ATM Parts:  Additional Information About ATM full Form

ATM is a user-friendly machine.  It introduces various input and output devices to enable people to withdraw or deposit money easily.  The basic input and output devices of ATM are given below:

How does ATM work? Atm Full Form In English

To start the ATM functioning, you will need to insert plastic ATM cards inside the ATM machines.  In some machines you have to drop your cards, some machines allow cards to be swapped.


These ATM cards have a micro chip that contains your account details and other security information. When you drop / swap the card, the machine receives your account information and asks for your PIN number.

After successful authentication, the ATM machine allows financial transactions.

What does ATM do? Atm Full Form Any Time Money

Nowadays, ATMs have many functionalities along with the basic usage of cash disbursements.  some of them are:

  • Cash and Check Deposit
  • Fund transfer
  • Cash Withdrawal and Balance Inquiry
  • PIN change and mini statement
  • Bill payment and mobile recharge etc.


The first ATMs were used by Chemical Bank in New York (USA) in 1969 to withdraw cash for customers.

Input device: Atm Full Form In Chemistry

Card reader: This input device reads the card’s data which is stored in a magnetic stripe on the backside of the ATM card.  When the card is swiped or inserted in a given location, the card reader captures the account details and sends it to the server.  Allows withdrawing cash based on account details and orders received from user servers.


Keypad: It helps the user to provide the information asked by the machine such as personal identification number, amount of cash, receipt required or not.  The PIN number is sent to the server in encrypted form.

Output Device: Atm Full Meaning

Speaker: It is provided in the ATM when an audio response is produced when a key is pressed.

Display screen: It displays information related to the transaction on the screen.  It shows the cash withdrawal steps one by one in sequence.  This can be a CRT screen or an LCD screen.

Receipt Printer: It provides you with a receipt with the details of the transaction printed on it.  It tells you the date and time of the transaction, withdrawal amount, balance, etc.

World’s highest ATM: It is set up primarily for Army personnel in Nathu-La.  It is 14,300 feet above sea level and is operated by Union Bank of India.

The first ATM Established in India year 1987 by HSBC (Hong Kong and Shanghai Banking Corporation) Bank.

Cash dispenser: It is the main output device of the ATM as it disputes the cache.  The high-precision sensors provided at the ATM allow the cash dispenser to extract the correct amount of cash required by the user.


Important / interesting facts about ATM

The inventor of ATM: John Shepherd Barone.

ATM Pin Number: John Shepherd Barone wanted to create a 6-digit PIN number for the ATM, but the 6-digit PIN was too long for his wife, so he decided to create a 4-digit ATM PIN number.

World’s first floating ATM: set up at State Bank of India (Kerala). Full Form Of Atm

First ATM in the World: It was established on 27 June 1967 at Barclays Bank, London.

The first person to use ATM: The famous comedy actor was Reg Varney. Who became the first person to withdraw cash from an ATM.

Biometric ATM: Biometric ATM is used in Brazil.  As the name suggests, the user is required to scan their fingers at these ATMs before withdrawing money.

ATM without account: Romania is the only European country in the world, where any person can withdraw money from ATM without bank account.


Note: PIN is a 4 digit security number provided by the bank with an ATM card.  The PIN number is variable, you can change it as per your convenience.



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ASTM Full Form


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