Out-of-cash ATMs

Published

WHAT Paulo Coelho wrote in one of his famous novels makes a lot of sense. “Anything that happens once may never happen again, but anything that happens twice will surely happen for the third time,” he wrote in The Alchemist.

This is true of so many things in life, especially of life in Pakistan, but every now and then something happens that brings this Paulo Coelho line to mind. Islamabad, the capital of the country, is considered the most organised, disciplined and functional city in Pakistan. Usually when we rate cities based on the facilities available, everybody marks Islamabad ahead of the rest. Reality might suggest otherwise.

A few months ago — three, to be precise — I was in the Karachi Company area on a Sunday, and went to withdraw cash from the ATM. I visited the ATMs of three commercial banks, one after the other, but all of them were out of cash. I tried the ATMs of two other banks nearby, and they, too, were out of order. I left the area thinking what a strange coincidence it was.

About a little over a month later — late September — I happened to be in the same area and needed to withdraw some cash, but had to go through the same experience. Trust me, I did.

Out of curiosity, and with The Alchemist line in mind, I went to the area again recently — Oct 30 — and there was no change in status. Well, Paulo Coelho stands vindicated.

The State Bank of Pakistan (SBP), the regulatory authority, should advise the banks concerned to sort out whatever the issue is.

Salman Ajab Chitrali
Islamabad

Published in Dawn, November 4th, 2022

Opinion

Editorial

Agri-tax failure
Updated 04 Jul, 2026

Agri-tax failure

THE first year of Pakistan’s unified agriculture income tax regime has produced an outcome that should surprise no...
Deadly roads
04 Jul, 2026

Deadly roads

THE horrific bus crash at the Balochistan-KP border on Friday should prompt greater scrutiny of road safety ...
Terrorism numbers
04 Jul, 2026

Terrorism numbers

AS Pakistan continues to grapple with the menace of militancy, the number of terrorist attacks present a mixed...
Unfinished business
Updated 03 Jul, 2026

Unfinished business

THE landmark 18th Amendment and seventh NFC Award radically reshaped Pakistan’s fiscal federalism by transferring...
Abuse cycle
03 Jul, 2026

Abuse cycle

LULLED into a sense of false security by its own denial and apathy, Pakistan is a long way from achieving tangible...
Closing the gap
03 Jul, 2026

Closing the gap

THE numbers are encouraging, yet one cannot help but rue the opportunities still being lost. The GSMA’s Mobile...