By Admin 
Tuvalu: Leave the talk of cities in our country India, branches of banks are found in small towns to villages. There is often long crowd in banks. Bank staff are also busy in dealing with customers from morning to evening. Now we are going to tell you about a country in the world, where there is only one bank and there is not a single ATM here. All transactions take place in cash. Even though it may look incredible, it is true.
National Bank only banking service provider
Here we are talking about Tulu, which is an island country. It is situated in the Polynesia Sabrijan of Oceania in the South Pacific Ocean. The population of this country is about 11-12 thousand. With this, it is one of the lowest population countries in the world. This country is located in an area of just 26 square kilometers.
Funafuti is its capital. The biggest special thing in this country is that the National Bank here is the only banking service provider. Established as a subsidiary of Barclays Bank in 1980, the branches of this bank are in all islands. Australian dollar is the major currency here. Apart from this, Tuvalu’s own coin also runs here.
This thing earns
Tuvalu became the 189th member of the United Nations on 5 September 2000. This country is also a member of the Commonwealth. Tuvalu, who was part of the broit -colonial, was earlier known as Ellis Islands. On 1 October 1978, Tuvalu became independent of Britain and became a constitutional monarchy, which is still intact.
King Charles III is the head of the state here. A big source of Tuvalu’s earnings, its internet domain. TV, they earn a lot by selling it. Apart from this, Tuvalu sells fishing license to other countries. This generates a lot of revenue.
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