PURPOSE OF AN AUTOMATED TELLER MACHINE
The purpose of Automatic teller machine is to allow users to withdraw money conveniently without having to enter the bank. It allows the user to withdraw money at any time of the day as banks are not open at all hours of the day and week. Customers may not be in a position to visit the bank every time they want to withdraw or deposit money. There is a batch processing element to this system as it needs to ensure that customer information and details are verified and checked before processing this is done through the use of staff members checking and validating data at the end of the day or where applicable.
The customer records are only updated at the end of the day as it is more eifficent this means that the statments and if the personal details have changed it will be shown at the end of the day.
The customer records are only updated at the end of the day as it is more eifficent this means that the statments and if the personal details have changed it will be shown at the end of the day.