A bank teller is an employee of

a bank who deals directly with

customers.
Electronic equipment that allows cardholding
customers to perform routine banking transaction
without interacting with a human teller is called an
AUTOMATED TELLER MACHINE
1. Anywhere banking
2. Anytime banking
3. Anything banking
4. Safety
5. User interface
6. Visual messages
7. Swallowed card
8. ATMs Security

PIN(Personal Identification Number) is the code that used to

access the functions of ATM.
 What they stand for
Type of ATM

On Site ATM ATM's Inside the Bank

Off site ATM ATM outside the bank premises but is located
at other places, such as shopping centres,
airports, railways station and petrol stations.

White Label ATM ATM Provided by NBFC (Non Banking Financial

Company)

Green Label ATM ATM Provided for Agricultural Transaction

Orange Label ATM ATM Provided for Share Transactions

Yellow Label ATM ATM provided for E-commerce

Pink Label ATM ATM for women banking

Brown Label ATM ATM are those Automated Teller Machines where
hardware and the lease of the ATM machine is
owned by a service provider
• Making application for ATM card
• Issue of ATM card

• Gaining accounts – ATM lobby

• ATM card insertion

• Customer identification via PIN

• ATM provides list of transaction

• Customer selecting and carrying out transaction

• Closure of transaction
TRADITIONAL FUND TRANSFER SYSTEM ELECTRONIC FUND TRANSFER
1. Demand Draft (DD)

2. MONEY ORDER

3. TELEGRAPHIC TRANSFER
Electronic funds transfer (EFT) is the electronic
transfer of money from one bank account to
another, either within a single financial institution
or across multiple institutions, via computer-
based systems, without the direct intervention of
bank staff.
NEFT
The National Electronic Fund Transfer is the most commonly used
method to transfer funds from one bank account to another.

RTGS
The Real Time Gross Settlement is used to transfer large amounts of
money.

IMPS
Immediate Payment Service is service which allows you to make
payments using your mobile number , available 24X7 and even on
holidays

UPI
Unified Payments Interface enables fund transfers through smart
phones using lesser number of steps, free of cost.
Steps in EFT
Making application

Data preparation
Data transmission
Debiting remitting bank
Crediting receiving bank
Crediting beneficiary
Task at service branch

Task at beneficiary branch

1.EFFICIENT MODE
2.INNOVATIVE PRODUCTS
3.LESS WORK LOAD