ATM was launched 30 years ago

ATM was launched 30 years ago

  • admin
  • September 1, 2015

Thirty years after it was created, the ATM continues to fulfill the aim of simplifying the lives of Portuguese and businesses through services like charging mobile phones and even issuing hunting licenses.

Speaking to Lusa News Agency on the subject of 30 years of the ATM, that mark on Wednesday, the ‘chairman’ (Chairman of the Board of Directors) of the SIBS Group, Vítor Bento, stressed the importance of equipment “are already part of life of the Portuguese. ”

“Things just are evaluated by the results. He had to spend some time to do further analysis. Looking back and today we can see that would be unimaginable people raise money only at bank counters which had account and have to be long queues. It seems to prehistory, “he said.

The network ATM boxes (MB), the first project of SIBS, was launched in 1985 with the installation of nine facilities in Lisbon and Porto, which allowed to carry out surveys, consultations (balances and movements) and PIN change (code) , according to data released by SIBS Lusa.

In Lisbon, the first ATM was installed at BNU (BNU) Rossio and Porto in Banco Borges and Brother (BBI) on Bonjardim Street. (Read more)

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