Practicing Success
What does 'T' stand for in ATM? |
Transfer Teller Transaction Trunk |
Teller |
The correct answer is Option (2) - Teller ATM stands for "Automated Teller Machine." These machines allow customers of banks to perform various banking transactions without the need for human tellers or bank staff. This includes tasks such as withdrawing cash, checking account balances, depositing money, transferring funds between accounts, and more. The term "Automated Teller Machine" reflects the primary function of these devices, which is to automate banking transactions that would traditionally require interaction with a human teller or bank representative. |