Business

RBI asks banks not to count failed transactions, balance enquiry as free ATM transaction

Reserve Bank of India has asked banks not to count failed transactions at ATMs due to technical reasons as part of “free ATM transactions” permitted every month. 

Use of ATMs for balance enquiry and fund transfers too should not be part of the free transactions facility given to a customer. Banks provide certain number of free transactions at ATMs to their customers and beyond that impose charges.

The RBI clarified that transactions which fail on account of technical reasons, non-availability of cash, and any other reason attributable to the bank should not be counted as valid ATM transactions for the customer. It said, consequently, no charges will be levied. 

32 Comments

32 Comments

  1. Pingback: axiolabs nandrolone decanoate

  2. Pingback: https://www.pinterest.com/ketquaxosotv/

  3. Pingback: Vance

  4. Pingback: social media marketing agency Hong Kong

  5. Pingback: french bulldog puppies for sale near me in usa canada uk australia europe cheap

  6. Pingback: Eddie Frenay

  7. Pingback: 사설토토

  8. Pingback: w88

  9. Pingback: DevOps Consulting

  10. Pingback: Harold Jahn Edmonton

  11. Pingback: quality repair service

  12. Pingback: costume wig

  13. Pingback: https://www.squeeqee.co.uk/carpet-cleaning-berkhamsted

  14. Pingback: wigs for women

  15. Pingback: Villas around Hyderabad

  16. Pingback: W88.tips

  17. Pingback: Phygitalization of Retail

  18. Pingback: Esport

  19. Pingback: ip stresser

  20. Pingback: stargazer mushrooms,

  21. Pingback: sbo

  22. Pingback: prodentim supplement reviews

  23. Pingback: maxbet

  24. Pingback: mushrooms available here,

  25. Pingback: sbo

  26. Pingback: sbobet

  27. Pingback: Buy Blue Foot magic Mushroom for sale online Brisbane

  28. Pingback: ufa

  29. Pingback: cam bbw chat

  30. Pingback: Carpet Cleaning Ada MI

Leave a Reply

Your email address will not be published.

five × one =

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

Address:
D 601  Riddhi Sidhi CHSL
Unnant Nagar Road 2
Kamaraj Nagar, Goreagaon West
Mumbai 400062 .

Email Id: [email protected]

West Bengal

Eastern Regional Office
Indsamachar Digital Media
Siddha Gibson 1,
Gibson Lane, 1st floor, R. No. 114,
Kolkata – 700069.
West Bengal.

Office Address

251 B-Wing,First Floor,
Orchard Corporate Park, Royal Palms,
Arey Road, Goreagon East,
Mumbai – 400065.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us