AUTOMATED

TELLER MACHINE
 CONTENTS
 Introduction
 History
 Services
 Location of ATMs
 ATM in Pakistan
 Safety tips when using ATM
 INTRODUCTION
 ATM is a computerized
telecommunications device that
provides the clients of
a financial institution with
access to financial
transactions in a public space
without the need for a cashier,
human clerk or bank teller.

 The customer is identified by

inserting a plastic ATM
card with a magnetic stripe or a
plastic smart card with a chip,
that contains a unique card
number.
For security, Personal Identification Number is to be provided by
the customer.

An ATM machine can hold up to 5 to 10 million rupees depending on

capacity.

Automated Teller Machine is known by different names:

 Cash Point (Britain)

 Multibanco (Portugal)
 Minibank (Norway)
 All Time Money (India)
 Bankomat (Various European Countries and Russia)
Invented in 1967 by
Scotsman, James Shepherd.

Was installed at Barclays

Bank of England, Enfield
Branch, East London.

Paper Vouchers was used

to withdraw cash from ATM

The Paper Voucher was

needed to be purchased in
advance from the bank.
Machine paid out notes in £10
bundles.

The service dispensed notes

when the Paper Voucher was
matched with correct code.

British actor Reg Varney was

the first person to use this
machine.
 Cash
Withdrawal
Balance
Cheque Book
Enquiry

Deposit ATM Mini Statement

Cheque MACHINE

Mobile Bill Funds

Payments Transfer
Utility Bills
payment
Banks
Shopping malls
Hospitals
Supermarkets
Petrol Pumps
Restaurants
Airports
First ATM was introduced in Pakistan by National Bank of
Pakistan in 1995.

It was installed at Clifton branch, Karachi.

MNET and 1LINK are the two operational switches

operational in Pakistan.

Both the switches got interconnected in the year 2006.

There are more than 3500 ATMs in more than 200
cities in Pakistan
TEN BIG ATM PROVIDERS
IN PAKISTAN
 SAFETY TIPS
 Immediately after receiving your ATM card
change the PIN code.

 Change it frequently.

 Never write your PIN on card.

 Never keep your card and PIN at same place.

 Never share your PIN or give it our phone.

 As you approach ATM, be aware of surrounding, if you
notice anything unusual, visit ATM later.

 Immediately report a lost or stolen ATM card to your

branch.

 Stand close to your ATM while entering PIN and don’t

allow anyone to watch.

 Frequently generate your Mini Statement and reconcile

with your ATM receipts.
THE END