Note on Monitoring of Availability of Cash in ATMs (dated -10.08.2021) – RBI

  • 12th, August 2021
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Note 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.

 

 

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