Note on Monitoring of Availability of Cash in ATMs (dated -10.08.2021) – RBI
View PdfNote on Monitoring of Availability of Cash in ATMs (dated -10.08.2021) – RBI
- It has, therefore, been decided that the banks/ White Label ATM Operators (WLAOs) shall strengthen their systems/ mechanisms to monitor availability of cash in ATMs and ensure timely replenishment to avoid cash-outs. Any non-compliance in this regard shall be viewed seriously and shall attract monetary penalty as stipulated in the “Scheme of Penalty for non-replenishment of ATMs”.
- This scheme shall be effective from October 01, 2021.