ATM stands for Automated Teller Machine, and it refers to an electronic device that allows customers of a particular financial institution to carry out financial transactions. The transaction that a customer can perform includes funds transfer, cash withdrawal, and obtaining account information at any time of the day without the need for direct contact with the banking staff. As of 2015, it was estimated that there were a total of 3.5 million ATMs installed all over the world. The highest one among them is located in Pakistan-China border.
Some interesting facts about the Highest ATM in the World by National Bank of Pakistan
- Height: 15,397 feet or 16,007 feet
- By: National Bank of Pakistan
- Location: Khunjerab pass (Pak-China border)
- Mounted: 6 September 2016
- Guinness Book Record: 18 November 2016
- Open: 24/7
- Power: Solar & Wind turbine
