• Short Summary

    THE MIDLAND BANK'S FIRST COMPUTER CENTRE HANDLES THE ACCOUNTS OF CUSTOMERS AT TWO OF THE MIDLAND'S WEST END BRANCHES.

  • Description


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    Initials



    Script is copyright Reuters Limited. All rights reserved

    Background: THE MIDLAND BANK'S FIRST COMPUTER CENTRE HANDLES THE ACCOUNTS OF CUSTOMERS AT TWO OF THE MIDLAND'S WEST END BRANCHES. EVENTUALLY IT WILL LOOK AFTER THE HUNDRED AND TWENTY THOUSAND PEOPLE WHO BANK AT THE SIXTY MIDLAND'S IN CENTRAL LONDON.

    BIG BANKS ARE AMONG THE ESTABLISHMENTS WHERE COMPUTERS ARE PARTICULARLY USEFUL. THEY SUFFER FROM SHORTAGE OF CLERICAL STAFF, ALREADY OVERWORKED ON THE SMALL PRIVATE ACCOUNTS, WAVERING BETWEEN DEBIT AND CREDIT AND BRINGING LITTLE PROFIT TO THE BANK. NOW THE COMPUTER CAN HELP WITH THE OVERDRAFTS. IT OPERATES AFTER THE BANK SHUTS ITS DOORS, WHEN MUCH OF THE HARDEST WORK IS DONE.

  • Tags

  • Data

    Film ID:
    VLVAIREAMYRP305MIFDLKD6XRUV0
    Media URN:
    VLVAIREAMYRP305MIFDLKD6XRUV0
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    24/01/1963
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:04:02:00
    Time in/Out:
    /
    Canister:
    N/A

Comments (1)

  1. Cannopa says

    Interesting to see this as I found a letter to my father from Midland Bank dated 22 February 1963 informing him about the new computer system and allocating him with an account number. Prior to that his account would only have been known by the name and address! Copy of the letter available on request.

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