ATM Transactions

Knowledge resource 508 views 1 replies

 

The govt has approved for max 5 transactions for using debit cards in other Bank’s ATM’s, is just a balance enquiry considered as transaction or not?

After making balance enquiries 5 times, will my 6th transaction whether withdrawal or Bal enq be charged??

 

(My opinion Transaction happens only when there is an event of giving & taking between 2 parties)

Replies (1)

As far as I know Balance Enquiry is seprately chargable when done in different bank ATM.

It is not included in TRANSACTION.  And 6th transaction is charged seprately.


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