Working for the Cash Machine
Take a look at a piece of history kids. It’s 27th June 1967 and the excitement in the air is palpable as the UK awaits a very special unveiling. The man of the moment who will reveal the machine that will change the face of banking forever is ‘On the Buses’ funnyman Reg Varney and yes, you’ve guessed it right, it’s the first ever ATM (that dispensed cash rather than being used to deposit funds) installed in Enfield, North London.
It seems there was a bit of a race ongoing at the time to see which country could unveil the first ever Cash machine and alongside the UK were Japan and Sweden. The Barclays Bank – De La Rue joint venture machine beat the Swedes by a mere 9 days and various other machines that had been developed simultaneously arrived on the scene within months.
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