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An automated teller machine ( ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff.
Spell checker. In software, a spell checker (or spelling checker or spell check) is a software feature that checks for misspellings in a text. Spell-checking features are often embedded in software or services, such as a word processor, email client, electronic dictionary, or search engine . It came with my Pea Sea. Miss Steaks I can knot sea.
Banking. 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. Funds transfers are the primary mechanism used by the business community for ...
A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, payment instruments such as payment cards, people, rules, procedures, standards, and technologies that make its exchange possible. [ 1][ 2] A payment system is an operational network which links bank ...
The Clearing House, which processes a large portion of the bank-to-bank electronic transfers that happen in the US each day, said Tuesday in a statement that some payments were delayed last ...
Lock (computer science) In computer science, a lock or mutex (from mutual exclusion) is a synchronization primitive that prevents state from being modified or accessed by multiple threads of execution at once. Locks enforce mutual exclusion concurrency control policies, and with a variety of possible methods there exist multiple unique ...
Bump-up CD. A bump-up CD — also called a “raise your rate” CD — builds in the ability for you to request a one-time rate increase if CD rates go up during your lock-in term. Longer term ...
An automated clearing house ( ACH) is a computer-based electronic network for processing transactions, [ 1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits. [ 2][ 3] The ACH system is designed to process batches of payments containing numerous transactions ...