Banelco is an ATM

Automated teller machine

An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...

 network in Argentina

Argentina

Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...

. Banelco offers several services related to the cash-management flow, such us debit card

Debit card

A debit card is a plastic card that provides the cardholder electronic access to his or her bank account/s at a financial institution...

s, electronic transfers, services payments, etc. Its main competitor in the Argentine market is Link.

Banelco, an acronym for Banca Electronica Compartida, is owned by private banks. To the contrary, Link is used by, primarily, state owned banks.