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Alaska ATM Locator

Automated Teller Machines- ATM Locations

Browsing Legal & Financial » Finance » Automated Teller Machines- ATM Locations

 

Remote atm in alaska

 

 

ATM

 

 is a computerized telecommunications device that enables the clients of a financial institution to perform financial transactions without the need for a cashier, human clerk orbank teller. ATMs are known by various other names including ATM machineautomated banking machine, "cash machine" (Geldautomat - Germany) and various regional variants derived from trademarks on ATM systems held by particular banks.

On most modern ATMs, the customer is identified by inserting a plastic ATM card with a magnetic stripe or a plastic smart card with a chip that contains a unique card number and some security information such as an expiration date or CVVC(CVV). Authentication is provided by the customer entering a personal identification number (PIN). The newest ATM at Royal Bank of Scotland operates without a card to withdraw cash up to £100.

Using an ATM, customers can access their bank accounts in order to make cash withdrawals, debit card cash advances, and check their account balances as well as purchase pre-paid mobile phone credit. If the currency being withdrawn from the ATM is different from that which the bank account is denominated in (e.g.: Withdrawing Japanese Yen from a bank account containing US Dollars), the money will be converted at an official wholesale exchange rate. Thus, ATMs often provide one of the best possible official exchange rates for foreign travellers, and are also widely used for this purpose.



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