What is the full form of ATM?

What is the full form of ATM?

You must be using an ATM in your daily activities. We have to use the ATM for all the work to withdraw money or to whom to send money. But do you know what is the full form of ATM? 

This question is often asked in many competitive examinations, due to lack of correct information, many candidates are defeated here and are unable to answer this question. In this post, we will learn about the full form of ATM and information related to ATM. Many of us think that ATM’s full form is Any Time Money but it is not right. Today we will get information about the full form of ATM.

ATM is known by various names in other parts of the world. In Canada, ATMs are also known as ABM (Automatic Banking Machine). In other countries, the terms Cash Point, Cash Machine, Mini Bank and “Hole in the wall” are used. So today I thought why don’t you know what is the full form of ATM? The correct answer should be told so that you will never be stressed about this question. Then let’s start.


What is the full form of ATM?
What is the full form of ATM?


What is the full form of ATM

The full form of ATM is “Automated Teller Machine”. 

If we analyze this then we will find, 
A – Automated
T – Teller
M – Machine

Other full forms of ATM

also read –

Now let us know about some other Full Forms of ATM which are given below. 

1. Air traffic management (in aviation terminologies) 

2. Asynchronous Transfer Mode (in I.T. Sector) It is a telecommunications concept that is defined by ANSI and ITU.

3. Association of Teachers of Mathematics (It is a non-profit organization and registered charity of UK) 

4. Angkatan Tentera Malaysia (Malaysian Armed Forces)

5. Altamira Airport This is an airport located in Altamira, Brazil (Airport Code).

What is ATM?

An ATM is an electronic telecommunications device that is used for financial transactions such as cash withdrawals, deposits, fund transfers and other bank-related transactions at any time. This makes the banking process very easy as these machines are automatic and there is no need to interact directly with the bank employees.

Users access their account through a special type of plastic card, encoded with the user’s information on a magnetic strip above the card. The Strip has an Identification Code which is transmitted by the Modem to the Central Computer of the bank. Users access the card to ATM to access their accounts and process their account transactions.

What are the parts of the ATM?

There are two types of devices in ATMs that help users to use it easily. 

1. Input Device 
2. Output Device

What is the full form of ATM?
What is the full form of ATM?


Input Device

Card Reader: Card Reader reads the ATM card data (account information) which is stored on the Magnetic Strip on the backside of your ATM Card and sends it to the server for Verification. Allows withdrawal of cash based on account information and orders received from User Service. 

What is the full form of ATM?
What is the full form of ATM?
Keypad: Keypad allows you to input details like PIN, how much money you want to withdraw and other features like cancel, clear, enter, etc. 

Output device

Screen: It is used to display account-related information (name of the account holder, balance available, etc.) and the actions you need to perform to successfully complete your transaction. 

Speaker: Speakers are available at most ATMs. This is provided to provide audio feedback when you perform your transaction. 

What is the full form of ATM?
What is the full form of ATM?

Cash dispenser: It is one of the most important output devices of ATMs. It is used to withdraw cash. 

Receipt printer: It provides a receipt related to your transaction which includes withdrawal amount, balance amount, date, time, location, etc.

also read –


How does ATM work?

To start the functioning of ATMs, you will need plastic ATMs inside ATM machines Cards must be inserted. In some machines you have to drop your cards, some machines allow to swap cards. As I have already told, these ATM cards contain your account details and other security information in the form of a magnetic strip.

What is the full form of ATM?
What is the full form of ATM?

When you drop/swap your card, the machine gets your account information and asks for your PIN number. After successful Authentication, the machine allows Transaction.

ATM Type

Let us now know about the types of ATMs. 

Online ATM: This type of ATM is connected to the bank’s database 24 hours. You cannot withdraw more than the balance in your account. 

Offline ATM: It is not linked to the database of the bank. Even if you do not have the required amount in your account, you will be able to withdraw it, for which the bank may impose some penalty. 

On-Site ATM: ATMs inside the bank premises are known as onsite ATMs. 

Off-Site ATM: ATMs located at various locations inside the bank premises are known as offsite ATMs. 

White Label ATM: ATMs established by Non-Banking Financial Companies are known as White Label ATMs. 

Yellow Label ATM: Yellow Label ATMs are provided for E-Commerce reasons. 

Brown Label ATM: This type of ATM’s hardware and leasing ATM machine is owned by a Service Provider, but Cash Management and Connectivity for Banking Network is provided by a bank. 

Orange Label ATM: These ATMs are provided for Share Transaction. 

Pink Label ATM: These ATMs are provided for women only. 

Green Label ATM: These ATMs are accommodated horticultural exchanges.

What is the full form of ATM?
What is the full form of ATM?

Interesting facts about ATM

Let us now know some interesting facts about ATMs that you might not have heard. 

The inventor of ATM: John Shepherd Baron. 

ATM Pin Number: John Shepherd Barone thought of having a 6-digit PIN number for an ATM, but it was not easy for his wife to remember a 6-digit PIN, so he decided to produce a 4-digit ATP PIN number. 

World’s first Floating ATM: State Bank of India (Kerala). 

First ATM in India: Established in 1987 by HSBC (Hong Kong and Shanghai Banking Corporation). 

World’s first ATM: It was established on 27 June 1967 at Barclays Bank, London. 

First-person to use ATM: Famous comedy actor Reg Varney was the first person to withdraw cash from ATM. 

ATM without an account: In Romania, which is a European country, any person can withdraw money from an ATM without a bank account. Bio-Metric 

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

also read –



I hope you have liked this article of mine, what is the full form of ATM. It has always been my endeavor to provide complete information about the ATM Full Form to the readers so that they do not have to search in the context of that article on some other website or web.

This will likewise spare their time and they will likewise get all the data in a single spot. On the off chance that you have any questions about this article or you need that there ought to be some improvement in it, at that point for this you can record remarks.

If you liked this post what is the full form of ATM or got to learn something, then please share this post on social networks such as Facebook, Twitter, and other social media sites.

Rate this post


Please enter your comment!
Please enter your name here