The first transaction recorded in the bank's records was that of a man receiving a haircut from a total stranger, for free!
In order to become an official member of the bank, an Estonian citizen must fill out a report online, stating what types of things that they can do for others (bag groceries, walk dogs, fix cars).
Next, the applicant, must explain what types of things that they would like to be done for them!
The bank was first created as a result of Estonia suffering an economic crisis, and being named in the bottom 30 nations ranked by 'happiness'.
Tiina Urm, the 26-year-old that is partially responsible for thinking up the idea says "At the moment we are glued to other people only through money. But that’s not how we evolved as a society.
We used to work as a team.” Wouldn't it be nice if that way of thinking was spread all around the world?
