WHEN WAS THE FIRST ATM ?
On September 2, 1969, Chemical Bank installed the first ATM in the U.S. at its branch in Rockville Centre, New York. The first ATMs were designed to dispense a fixed amount of cash when a user inserted a specially coded card.
WHICH BANK STARTED FIRST ATM ?
Donald C Wetzel is given credit for developing the machine for Docutel. Docutel was the first to apply for a patent and is credited by the Smithsonian Museum as inventor of the ATM. In 1987, India get one when the Hongkong and Shanghai Banking Corporation introduces the ATM concept in India in 1987.
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