Mobile banking on Mount Everest

By Staff | May 27, 2013 | Last updated on May 27, 2013
1 min read

There ain’t no mountain high enough to keep people from checking their bank account balances.

Recently, two mountain climbers—Horacio Galanti from Alberta, and Horacio Cunietti from Argentina—became the first-ever Mount Everest adventurers to use mobile banking apps as they climbed to the mountain’s peak.

Read: Don’t underestimate senior clients, for more on how an 80-year-old conquered Mount Everest

They successfully traded shares and conducted fund transfers at Everest Camp 3, located at 6,500 meters. They then confirmed their bank account balances at Everest Camp 4, located at 8,000 meters.

“This…really shows how far mobile technology has come…It’s possible to bank anytime, even from the most extreme locations on the planet,” says Aman Narain, group head of Digital Banking at Standard Chartered.

Galanti says, “I’m proud to…have made history with this mobile banking breakthrough. Not many people can say they have been able to do their banking on the highest mountain on earth!”

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Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.