Expense Account, Mint
I’m not sure it will work. I’m in Pondy (Puducherry) on holiday and almost out of cash. I have my ATM card but my bank does not have a machine here. And you can’t pay an auto guy 30 bucks with a credit card—at least not yet. I confess to never having used my ATM card on another bank’s machine—never had a need to and a basic distrust of machines that chew up cards has kept me faithful to my own bank’s ATM machines. But this is an emergency. I need cash. With a fair bit of reluctance, I stick the card into another bank’s ATM machine, punch in the password and watch the transaction get under way with a wrinkle of doubt. As the machine counts the currency notes with a whirr and spits them out, I let out a small cheer. For being liquid again. For technology that makes this possible. And for the regulator who made this happen, though there is now a limit of Rs10,000 a day with a maximum of five transactions a month in other bank ATMs.