big news! New rules have been introduced for cash withdrawal from an ATM be aware of these guidelines otherwise money could get stuck on the other part of the Tehsil
There is a major announcement that is about to be released, if you want to withdraw money from the video house, it is extremely important for you to not be aware the rule, as in the event that you are not aware of the rules, you could be able to withdraw the cash that you’ve got and will wonder how the money disappear? there have been changes made in the regulations for withdrawing cash from an ATM card.
As per these new regulations
SBI customers can now take cash out of ATM cards. To withdraw cash from an ATM, OTP will be sent to the mobile number associated with an account at the banks. SBI customers will have the ability to withdraw money from ATM only after verification of this OTP.
Certain changes have been made to the procedure of withdrawing cash from ATM cards. On this, we’ll provide you with complete details, so let’s look the rule. This was withdrawn by SBI as per the new rules adopted by SBI. The customers aren’t able to conduct transactions using ATM cards that do not have OTP. Customers must also bring their mobile phones in order to make transactions at ATMs.
SBI new rules for SBI
By way of State Bank of India, this policy has been enacted to all customers of the bank that they are able to make transactions in the more than 10 , 000 rupees and more using OTP. If you plan to transfer money, you must also bring your mobile number that you have registered with as OTP will be displayed on it after you input the OTP and only then are able to transfer the money, which means you can transfer it. which is a beneficial alternative to changing. If you have your mobile number , then only you’ll be in a position to transfer money entering OTP
This initiative was initiated through SBI to make banking service secure. This is the only banking service in the world and has been carried by SBI to ensure that customers are able to enjoy happiness and security. We all know there are many doubts concerning security. A sensible move was made by SBI to address them. The bank is planning to
SBI Tweet SBI Official Tweet
SBI has shared information about Shabbir in its tweet account that if it is the case that we have made some changes to our policy that SBI did a impressive job. There are new rules that are very secure” Our OTP cash withdrawal system that is based on OTP that allows transactions to SBI ATMs is a defense against fraudsters. The protection of you from fraud is our main concern”
This policy is only implemented for customers of SBI
The rules haven’t yet been adopted by other banks to their customers. It is important to keep in mind that if you transfer money with ATM card that is worth 10 , or even 10 years you must have your mobile number since you’ll require OTP when you wish to transfer money more than 10 years old or 10000. Your personal mobile number is required. Only then you are able to transfer money.
This is put in place by SBI to all of their customers around the world, and not just for any other bank. Be aware of this if your account is at another bank, it’s not the norm for you. For more information contact the customer service representative, he is sure to assist you. He will give you the right details.