CHAPTER ONE

1.0                 INTRODUCTION 

            The Automated Teller Machine (ATM) is a self-service machine that dispenses cash and performs some human teller functions like balance enquiry, bills payments, mini statements and so on. ATM transactions are carried out through the use of a debit/credit card which enables the card holder(s) to access and carry out banking transactions without a teller.

Nearly every adult has used an ATM, probably without much thought about who owns and operates it. Many ATMs belong to banks. ATMs are placed not only near or inside the premises of banks, but also in locations such as shopping centres/malls, airports, grocery stores, petrol/gas stations, restaurants, or anywhere frequented by large numbers of people these people typically offer the ATM as a convenience for their customer base and even for non-customers. This companies and firm provides afterhours access to a host of transactions such as cash withdrawals, deposits, and transfers, but manyare placed by independent businesses that operate ATMs for profit.

            Using an ATM, customers can access their bank accounts in order to make cash withdrawals, debit card cash advances, and check their account balances as well as purchase pre-paid mobile phone credit. Banks have become the principal deplorers of ATMs. Globally, Banks have become the principal deployers of ATMs.

            In this project, we describe a simulated voice aided ATM system, which is truly accessible to blind customers. It has all the features of a real ATM machine like withdrawal of cash, changing of default PIN number, checking of balance etc