This Day In History - 1962 Switzerland welcomes first drive-through bank

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Switzerland welcomes first drive-through bank - Jun 07, 1962 - HISTORY.com

On this day in 1962, the banking institution Credit Suisse–then known as Schweizerische Kreditanstalt (SKA)–opens the first drive-through bank in Switzerland at St. Peter-Strasse 17, near Paradeplatz (Parade Square) in downtown Zurich.

Like many developments in automotive culture–including drive-through restaurants and drive-in movies–drive-through banking has its origins in the United States. Some sources say that Hillcrest State Bank opened the first drive-through bank in Dallas, Texas, in 1938; others claim the honor belongs to the Exchange National Bank of Chicago in 1946. Regardless of when exactly it began, the trend didn’t reach its height until the car-crazy era of the late 1950s and early 1960s. Around that time, California-based Wells Fargo Bank introduced the “TV Auto Banker Service,” where an image of the teller was broadcast to the customer in their car on a special closed-circuit television. Deposits, withdrawals and other transactions were completed using an underground pneumatic tube that whisked money and paperwork between the car and the teller station.
 
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