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Automatic Teller Machines

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These automatic teller machines are another good example of the ongoing development in technology. The name itself relfects the function of an ATM. These machines are basically a machine where you insert your card and withdraw money from it. You don't need to go to a bank with a cheque to withdraw your needed money from the balance that you have in the bank. It is a computerised machine where you insert your card and enter the password to activate your account. After you enter your password you are then authorised to use your account, like withdrawing your money or enquiring your balance or even for depositing money in your account. These ATMs have made both the clients as well as the bank's human resource very easy and reliable. At times the person at the teller in a bank may make some mistakes and possibly give away more cash than the requested amont through cheques or monery orders, these kinds of mistakes are completely displaced by ATM which is always beneficial to both the banks as well as the clients.

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