A self-service ATM that checks the deposited banknotes, sorts them and pays out the fit notes to customers withdrawing banknotes. See RecyclingThe process of converting waste materials into new materials and objects. Banknotes are increasingly recycled after destruction, and the waste is often used for landfills, isolation material etc. Polymer notes are melted into pellets which are recycled into new products. Recycling is often incorrectly used instead of recirculation. See Recirculation. More, ATM.