MONEY DEDUCTED BUT NOT RECEIVED FROM ATM | RBI SOLUTION | 2020

| RBI SOLUTION | 


MONEY DEDUCTED BUT NOT RECEIVED FROM ATM | RBI SOLUTION | 2020

Having a technical problem while withdrawing money at ATMs? Can't withdraw money due to ATM technical problem even if the money is deducted from the account? But there is no need to worry now. 


MONEY DEDUCTED BUT NOT RECEIVED FROM ATM | RBI SOLUTION | 2020

The concerned bank will pay the amount to the customer within a specified period of time.


MONEY DEDUCTED BUT NOT RECEIVED FROM ATM | RBI SOLUTION | 2020

 If the bank is unable to pay the money within the given time ... the excess amount will be paid to the customer as compensation for the late time. The RBI itself made the announcement on Twitter. 


MONEY DEDUCTED BUT NOT RECEIVED FROM ATM | RBI SOLUTION | 2020

The RBI tweeted that banks would revert the money to the customer in case of a failed transaction and if not paid on time, the banks themselves would compensate the customer for the delay.

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