Dear MEL Topic Readers,
The world's highest ATM: Pakistan's mountaintop bank machine
An Automatic Teller Machines (ATM) is an electric telecommunication device that allows users to withdraw cash, make deposits, check account status, and transfer money. Even though the use of ATMs is gradually decreasing as cashless payment increases, they provide essential services to those who have no other means to withdraw or transfer money. They are mostly installed in places where there are enough users to generate service fees for the operation costs. But surprisingly, there is one at the highest paved border crossing in the world, nearly 4,700 meters high in Pakistan. Installed by the National Bank of Pakistan in 2016, this solar- and wind-powered ATM serves small numbers of travelers, residents, and border-crossing staff. Even with state-of-the-art satellite communication and renewable power sources, cash needs to be replenished and collected and troubles have to be fixed. It takes at least two hours to drive up there from the nearest bank branch. Imagine how cold the place is in wintertime. You will get frozen coins and notes provided that your bank account is not frozen.
Enjoy reading the article about an ATM where there is only sun above and clouds below.
https://www.bbc.com/travel/article/20221003-the-worlds-highest-atm-pakistans-mountaintop-bank-machine
The world's highest ATM: Pakistan's mountaintop bank machine
An Automatic Teller Machines (ATM) is an electric telecommunication device that allows users to withdraw cash, make deposits, check account status, and transfer money. Even though the use of ATMs is gradually decreasing as cashless payment increases, they provide essential services to those who have no other means to withdraw or transfer money. They are mostly installed in places where there are enough users to generate service fees for the operation costs. But surprisingly, there is one at the highest paved border crossing in the world, nearly 4,700 meters high in Pakistan. Installed by the National Bank of Pakistan in 2016, this solar- and wind-powered ATM serves small numbers of travelers, residents, and border-crossing staff. Even with state-of-the-art satellite communication and renewable power sources, cash needs to be replenished and collected and troubles have to be fixed. It takes at least two hours to drive up there from the nearest bank branch. Imagine how cold the place is in wintertime. You will get frozen coins and notes provided that your bank account is not frozen.
Enjoy reading the article about an ATM where there is only sun above and clouds below.
https://www.bbc.com/travel/article/20221003-the-worlds-highest-atm-pakistans-mountaintop-bank-machine
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