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Reconciliation of transactions at ATMs failure – Time limit


 Notice Date : 22 March 2011

 Reconciliation of transactions at ATMs failure – Time limit

 

RBI/2010-11/440

DPSS.CO. OSD No. 2161/06.07.002/2010-2011

March 22, 2011

 

To,

All Scheduled Commercial and Urban Co-operative Banks

 

Dear Sir,

 

Reconciliation of  transactions at ATMs failure – Time limit

 

Please refer to our circular DPSS/No.101/02.10.02/2009-2010 dated July 17, 2009 on the captioned subject, wherein banks were advised to submit the quarterly review of ATM transactions.

 

2. In continuation of the above circular banks are advised to submit the quarterly review of ATM transactions duly approved by their Board in the following Excel based formats:

  1. ATM failed transactions for complaints received/resolved – Table 1 ;
  2. Complaint resolution between issuing bank and acquiring bank for ATM failed transactions – Table 2 ; and
  3. Complaints resolution between ATM network operator and banks – Table 3

    (applicable only when the bank is network operator).

 

3. The copy of the review duly approved by your Board should reach us within a month of the completion of each quarter throughemail. It may be ensured that the specified formats and timeline are strictly adhered to.

 

Please acknowledge receipt.

Yours faithfully

(G. Srinivas)

General Manager

Encl: As above

 

 

Guest
on 23 March 2011
Notification No : DPSS.CO. OSD No. 2161/06.07.002/2010-2011
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