look news india
BanKing: Almost everything has become digital, yet sometimes there is a need for cash, for which people either have to go to the bank or withdraw cash from the ATM. Most people like to withdraw cash from ATM. However, it is important for individuals to exercise caution when withdrawing cash from ATM machines; Otherwise they may have to face problems. Let us know about the precautions to be taken while withdrawing money from ATM card.
It is important to keep the following things in mind while using ATM card. Nowadays, when people need cash, they often withdraw money using their ATM cards. However, it is important to pay close attention when using an ATM card; Otherwise, a mistake can lead to major losses. When you go to withdraw money from the ATM, check the surrounding environment carefully. To commit fraud, fraudsters often install cloning devices near ATMs. These devices clone the ATM card and compromise its security. While entering the PIN of your ATM card, make sure that there is no hidden camera nearby. It is advisable to use ATMs where security guards are present.
If you encounter a fraudulent transaction with your ATM card, follow these steps. You have just withdrawn money using your ATM card, and the transaction appears to be successful. However, money was not withdrawn from the ATM machine. In such a situation, the amount is usually returned to your account within 24 to 48 hours. If this does not happen then you should lodge a complaint with your bank. If any unauthorized activity occurs in your account, you should immediately report it to both the bank and the cyber crime cell.