Somalia’s First-ever cash Withdrawal Machine Installed

Somalia’s first-ever cash withdrawal
machine has been installed in the capital, Mogadishu.
Reports say some Somalians are
confused about how the machine works because they have never used one before.
The machine, installed by Salaam
Somali Bank in an upmarket hotel, allows customers to withdraw US dollars.
Investigations show that Somalia has
a rudimentary banking sector, with many people relying on remittances from
The country which is faced with
security challenges since 2012, has dearly paid for its development with
imminent economic hardship.
This is evident as the country’s
currency, the shilling, is almost worthless and many businessmen and foreigners
deal in dollars.

(adsbygoogle = window.adsbygoogle || []).push({});

The machine allows people to withdraw money from their international bank
accounts, using cards like Visa, MasterCard and American Express, our
correspondent says.
A spokesman for Salaam Somali Bank,
Said Abukar, said people can only withdraw US dollars.
“We may add other international
currencies in the future. People from the diaspora and foreigners have welcomed
the move with enthusiasm. We are planning to install more ATMs in
Mogadishu,” he said.
Omar Hassan, a visitor from the UK,
said the installation of the machine was a “big step forward” for
“I have been staying in
Mogadishu for longer than I originally planned so I ran out of cash. I couldn’t
believe my luck when I heard about the
new cash machine,” he said, as he stood in the queue to withdraw cash.

Want Latest Controversial News? Download the Linjust app for Android Phones.

Do you suspect your loved one is cheating on you ? Find out with this amazing app.Records all calls, text messages, surroundings of the phone even when not on a call and more.

Looking For a Well-Paid Job? Start working as a Movie Extra & Earn up to $300/day

YOUR AMERICAN DREAM IS IN YOUR HANDS. 50,000 People and their families wins the GREEN CARD lottery every year.2017 REGISTRATION HAS STARTED! CLICK HERE to Submit your green card application today!

Study in USA with an official American Green Card. CLICK HERE

Enjoy sex again, save your marriage, all thanks to Gods gift! [United states only]

Like it? Share with your friends!


Leave a Reply

1 Comment on "Somalia’s First-ever cash Withdrawal Machine Installed"

Sort by:   newest | oldest | most voted
Victor Ndah

Wow congrats to the Somalians, atleast they now have something to be proud of.. Kudos once again…


log in

reset password

Back to
log in