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If you use an ATM card, do not do this Egonor, read this news specially.


If you use an ATM card, do not do this Egonor, read this news specially.

If you use an ATM card, do not ignore this news, read this news specially,This change is happening
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Bad News Now using the second bank's ATM will be given more charge.,,Friends,this is very popular educational website in Gujarat. We Published daily educational news, New jobs, CCC, ResultsCall Letters, Jobs in Gujarat, Bank jobs in Gujarat,Bank Jobs in India, GK ,GK Gujarat, Current Affairs, Daily Current Affairs, Latest Study Materials Usefull Application in our site...

ATM operators have sought a higher exchange rate for ATM transactions, due to which they will be able to comply with RBI's strict guidelines. At present, all the banks charge Rs 15 for cash withdrawal every time from other bank customers and 5 for non-cash transactions.

After 5 transactions, all the bank customers have to pay. If this demand is considered then the bank customers have to pay more than using another bank's ATM.
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Confederation of ATM Industry (CATMI) has demanded that the ATM transaction cost should be increased from at least Rs. 3 to 5 rupees, which would allow ATM operators to spend in rising inflation.

Director of CATMI, Srinivas said that the present RBI has introduced excessive tight guidelines, which will increase the total cost of the ATM service donors.

RBI said that banks should apply minimum service standards in dealing with service providers for cash management activity from July. In this, RBI has given 300 cash van, one driver, two guard and at least two gunmen for ATM service donors. Cash vehicle should be equipped with GPS.

Geo Facing Mapping can be monitored and sent signal to any nearby police station. Talks with CATMI, RBI and NPCI are going on. It is hoped that the issue of increasing interchange rates should be discussed on priority basis.

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