Bank Access 24, a company that provides access to automated teller machine networks in Hungary, has purchased 400 Interbold ATMs.

Interbold is the ATM joint venture between Diebold Inc. and International Business Machines Corp.

Under the terms of the agreement, IBM Hungary will install 400 units during the next three years. The first 100 ATMs are expected to be in service by the end of this year.

The contract also includes a service agreement that lasts until 2004.

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