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Thursday, January 21, 2010

What is Interbank Network?

INTERBANK NETWORK

or

ATM CONSORTIUM

or


ATM NETWORK

is a computer network  that connects the ATM (Automated Teller Machine)  of different banks and permits these ATMs to interact with the ATM cards of non-native banks.

That is why we are able to withdraw cash on any ATM MACHINES where (our) Bank is a Network Member.

Still don't get what I say????

 
So, I assume you now understand.

There are lots and lots of ATM NETWORKS all over the world.

So I am just going to list the HOMEGROWN or PHILIPPINES-BASED ATM Networks.








P.S. : THESE ICONS ARE NOT MINE. NO COPYRIGHT INFRINGEMENT INTENDED. JUST TO SHOW THE READERS.
On my next post, I will talk about VISA.

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