Saturday, 27 May 2017

DIFFERENT TYPES OF ATMS





Different Types Of ATM Are As Follows:
1.On site ATM -within the premises of bank
2.Off site ATM - Outside the bank premises
3.Worksite ATM-Is located within the premises of an organisation and is generally meant only for the employees of the organisation.
4.Cash Dispenser-Allows only cash withdrawls,balance enquiry and mini statement requests, cash dispenser(CD)
5.Mobile ATM- refers to an ATM that moves in various areas for the customers. Few priavte banks have introduced ATM on wheels.
6.White Label ATM - Provided by NBFC
7.Green Label ATM - Provided for Agricultural Transaction
8.Orange Label ATM - Provided for Share Transactions
9.Yellow Label ATM - provided for E-commerce
10.PINK label ATM---women banking
11.BROWN label ATM-- ATM are those Automated Teller Machines where hardware and the lease of the ATM machine is owned by a service provider--but cash management and connectivity to banking networks is provided by a sponsor bank .


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