Subsequent to RBI policy of “ Free access to ATMs of banks ” coming into the effect from April 01, 2009, RBI have been receiving many queries related to ATM operations. Therefore, for the purpose of customer awareness, some Frequently Asked Questions (FAQ) covering all important queries related to ATM operations has been prepared by the Reserve Bank of India (RBI). The same has also been placed on RBI Website. 1) What is an Automated Teller Machine (ATM)? Ans: Automated Teller Machine is a computerised machine that provides the customers of banks the facility of accessing their accounts for dispensing cash and to carry out other financial transactions without the need of actually visiting a bank branch. 2) What type of cards can be used at an ATM? Ans: The ATM cards/debit cards, credit cards and prepaid cards (that permit cash withdrawal) can be used at ATMs for various transactions. 3) ...
Comments
Post a Comment