6-12 hour gap between ATM withdrawals? https://ift.tt/2ZuF4nF - Walletnews For Me

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Monday, August 26, 2019

6-12 hour gap between ATM withdrawals? https://ift.tt/2ZuF4nF

The Delhi State-Level Bankers' Committee (SLBC) suggested measures to prevent rising ATM frauds at a bankers' meet. It suggested a time lag of six to 12 hours between two transactions. Bankers suggested including a one-time password-linked withdrawals to alert account holders in case of an unauthorised withdrawal as well as having a centralised ATM monitoring system.
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