23 August 2017
visit www.avoka.com

Abu Dhabi hotel installs gold ATM

14 May 2010  |  13238 views  |  0 Gold ATM

A gold bar dispensing ATM has been installed in the lobby of Abu Dhabi's five star Deluxe Emirates Palace hotel.

The gold to go machine - developed by Germany's TG-Gold-Super-Markt - dispenses 24 carat one gram, five gram and 10 gram pieces of gold as well as coins bearing designs such as the Krugerrand, Maple Leaf and Kangaroo.

A computer in the machine - itself gold-plated - constantly keeps prices in line with the firm's online store.



Last May the company showcased a machine at Frankfurt railway station and claimed it would install 500 of them ATMs in Germany, Switzerland and Austria.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

German firm plans gold-dispensing ATMs

German firm plans gold-dispensing ATMs

29 May 2009  |  11288 views  |  1 comments

Related blogs

Create a blog about this story (membership required)
visit www.dorsum.euvisit www.niceactimize.comvisit www.abe-eba.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
12840 views comments | 27 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11462 views comments | 22 tweets | 34 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10649 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10582 views comments | 10 tweets | 8 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
10501 views 0 | 6 tweets | 1 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job