June 17, 2004
AN Indian bank, which operates what it bills as the world's highest ATM in the fareastern state of Sikkim, is hoping the cash dispenser will ring in business once a trade route to China is reopened.
The automatic teller machine, set up at an altitude of 13,200 feet (4023m) along the winding route that links the Tibetan capital Lhasa to Sikkim's capital Gangtok, has been installed by UTI Bank with the help of US-based NCR Corp, which made the special machine.
"This is a technological feat," said UTI vice president Jayanta Chatterjee of the ATM which runs on a generator when its fuel is not frozen by temperatures that plummet below -20 degrees Celsius.
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