Automated teller systems, what are otherwise known as ATMs are a prevalent way of doing banking transactions in the modern world. This method is now something that people expect most of the time in big cities. And without an ATM card, some people will not know how to transact business in banking terms and will find it hard to adjust to other types of systems or methods.
The ATM term is one coined and used in the US, and in some countries it is called a different thing. For instance, cash machines Canada is a term for it up north, but it will be the same machine with the same process used for quick and easy transactions. Banks have put these systems under an autonomous category.
This is to distinguish them from the physical transaction with human tellers and other personnel. It is relevant to the physical locations of bank branches. Whatever people who deal directly with human staff can have with banks, some of these may not be answered by the automated systems that can be used anywhere.
For instance, there are bank loans that are all processed through a physical branch. So far, no machine is able to transact this kind of business, because banks require more for this type of deal. But for the most basic ones, it can be used, and can even be used for payments of bills with the relevant card.
The basic transactions include cash withdrawal and deposits, as well as balance inquiries and other stuff. You can change your password right on a unit and also do other business, like do money transfers. It will all depend on what the bank loads on its units, but in the general sense, the basics are well covered by them.
For other complicated stuff with papers, the best thing is to visit a bank. And there will be more machines there, all ready for service. And while you have other business with human personnel, you can do your withdrawals right there for whatever cash you needs you have pertaining to any one deal you are doing.
What is most obvious today is that there are actually more people doing their business through automation than anything else. Because the basic stuff is something for the everyday, and the rare visits can be ones for less urgent and perhaps more important need in the sense that they involve more money and more papers.
The perfect machine for the working class is one that is will have less need of supervision or people who can throw a spanner on concentration. These things will have nothing personal against customers, are non combative and will absolute behave as they should be. That is, of course when they are handled well.
There are units that are for rent or lease, and better perhaps than having to buy a new one. Because the servicing can also be done by the rental company contracted, or the banks themselves can do it. Banks also lease some for places where there networks are thin or do not have facilities for the online deal.