ATMAutomated Teller Machine
A machine for withdrawing cash and, depending on the service, checking balances or making deposits.
What does it mean?
English expansion: Automated Teller Machine
A machine for withdrawing cash and, depending on the service, checking balances or making deposits.
How is this concept used?
A conventional ATM connects a customer to services on a bank account. A crypto ATM is a different type of service that may exchange cash and crypto. The term ATM alone does not describe which assets, operator or verification process are involved.
Documented examples
Documented example
Chase: cash services at ATMs
Chase’s ATM page documents cash withdrawals and deposits. These are automated services connected to a bank account.
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Documented example
Bank of America: ATM transactions and limits
Bank of America’s ATM guide lists withdrawals, deposits and balance checks. It also explains that withdrawal limits depend on the card, account and available funds.
Publication date not confirmed · Source checked:
Connection to a wallet report
A blockchain address may show a transfer, but the address alone does not identify the person using a physical machine or explain a cash withdrawal.
A common misconception
Do not assume that every ATM is a crypto ATM, or that using one indicates suspicious activity.
Related reading
Put the explanation in context
When you need a wallet report, open the application and follow its normal account and scan process.
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