Citi launches drive-through ATM in China

Citi launches drive-through ATM in China

Citibank says it has become the first bank to provide a drive-through ATM in China after unveiling a new machine in the upper-east area of Beijing.

Commenting on the new ATM, Anand Selva, EVP, Citibank China, says: "As part of our efforts to expand our distribution network in China, we recognise that the ATM is an important and efficient contact point for customer outreach."

Under Chinese regulations the ATM - along with Citi's 94 other cash machines in the country - can only be used by customers holding cards issued outside of China.

The American bank says it intends to make its cash machine network available to local residents holding debit cards issued in China if and when the rules change.

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