Showing posts with label banks may raise ATM cost. Show all posts
Showing posts with label banks may raise ATM cost. Show all posts

Saturday, January 11, 2014

ATM security burden on customers

Banks across the country protecting your ATM preparing to beef chalk is completed . But this would raise the cost burden to customers . The costs of using the bank ATM are planning to increase fees on every transaction . Some banks may rise to the growth of six per transaction . But the banks before the Reserve Bank [ RBI ] shall be approved by .


After the fatal attack on a woman at an ATM in Bangalore Some state governments have directed banks to increase security at ATMs . Governments of Karnataka and Tamil Nadu have already set guidelines . The Maharashtra government has asked banks to put CCTV cameras in the ATMs . But heavily on banks would cost to execute these instructions . It is believed that to maintain security at ATMs, banks, ATMs , Rs 36,000 each month will incur additional costs . The twenty-four hour security guards and CCTV surveillance camera includes expenditure .
ATM banking industry to protect the plaza to beef burden of Rs 365 crore will be different every month . Banks want to put some burden on the customer . The increase in ATM fees charged to customers is proposed . ATM transactions on a daily average of 200 per transaction is estimated to cost in the region of two to six bucks . Increase in transaction fees than banks also limit the number of free transactions are considered . A month before his number on your bank's ATMs may be limited to five . However, the final decision on the proposed fee increase will pass on the Reserve Bank .