RBI asks banks not to count failed transactions as 'free ATM transactions'
Wednesday, 14 August 2019 (
3 days ago)
The Reserve Bank on Wednesday asked banks not to count failed transactions at ATMs due to technical reasons as part of "free ATM transactions" permitted every month. Besides, use of ATMs for balance enquiry and fund transfers too should be not part of the free transactions facility given to a customer.
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RBI asks banks not to count failed transactions, balance enquiry as ‘free ATM transactions’ The Reserve Bank on Wednesday asked banks not to count failed transactions at ATMs due to technical reasons as part of “free ATM transactions” permi Hindu 3 days ago
RBI clarifies on free ATM transactions; gives relief to customers Mumbai, Aug 14 (IANS) The Reserve Bank of India (RBI) on Wednesday clarified that those transactions which fail on account of technical and other specified... Sify 4 days ago
ATM users not to be penalised for failed transactions; no charges to be levied on balance enquiry Banks provide a certain number of free transactions at ATMs to their customers and beyond that impose charges Firstpost 2 days ago No cash in ATM, no transaction, clarifies RBI Transactions which fail on account of technical reasons like hardware, software, communication issues; non-availability of currency notes in the ATM would not be... DNA 3 days ago You Might Like
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