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this is for my project!

2006-11-12 21:45:49 · 4 answers · asked by AhmedS 2 in Computers & Internet Programming & Design

4 answers

An ATM (Automated Teller Machine) is an electronic/computerized way to withdraw or deposit money to your bank account without having to visit the bank. It does so via an internet connection which, through your confidential pin number, links you to your account. Banks have ATM's for the convenience of their customers. It is mainly used to withdraw money, but can also facilitate other functions such as checking bank balances, and transferring money from one account to another.

You can find a lot of information about ATM's in the following link.

2006-11-12 22:03:43 · answer #1 · answered by ludacrusher 4 · 0 0

Electronic funds transfer or EFT refers to the computer-based systems used to perform financial transactions electronically.

This article is about electronic funds transfer. For other meanings of EFT see EFT (disambiguation).
The term is used for a number of different concepts:

cardholder-initiated transactions, where a cardholder makes use of a payment card
electronic payments by businesses, including salary payments
electronic check (or cheque) clearing

2006-11-13 05:48:01 · answer #2 · answered by 88keys 4 · 0 0

Automated Teller Machine

2006-11-13 05:47:07 · answer #3 · answered by DrunkenDialer 2 · 0 1

moving money from one accout to another useing atm or internet

2006-11-13 05:53:43 · answer #4 · answered by Talking Hat 6 · 0 0

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