Case Study-2 CAIIB REATIL

As we know today private, public and foregin banks issues ATM to his customers. ATM is

a now 24 hour banking service provider, now cutomer use atm not only to withdraw

cash from machined but also to make shopping on various sites. Some banks offers

additional facilities on ATM card i.e Accidental cover and Some gives a facility to

withdraw money beyond the coutry limit. It has changed the banking scenerio globally,

today a person who don't have money in a foreign country can withdraw money from

ATM.

Q.1 max withdrawal limit for POS

Q.2 MAX withdrawl on other bank's atm in one transactions?

Q.3 Max free allowed limit on other banks ATM Machine?

Q.4 The bank promote using of ATM-- Ans to Reduce human cost on small payments