9/24/2014 5:22:26 PM
|written By : Team India Se|
Here’s another feature that gets added to Singapore’s list of first. It is the only country in Asia to have gold-dispensing ATMs.
Two ATMs have been installed at Resorts World Sentosa and Marina Bay Sands, which will dispense items made of pure gold ranging from 1 gram to 10 grams in size. Customers can buy a variety of gold products through the machines, including pure gold bars that weigh up to ten grams and gold coins.
The prices at the ATMs will be based on the Singapore Gold Price Index and they will be updated daily. Customers can pay either cash or use credit cards to buy gold. Currently, gold-dispensing machines can be found in countries such as United Arab Emirates, US and UK.
The ATMs are made by Asia Gold ATM, and the gold dispensed by the machines are produced by Swiss refiner PAMP.