Suggestion to RBI by Vinay Dadmal
Application No: 201807000025 Status: CLOSED
Submitted Date: 25-07-2018 07:59:22 Closed Date: 09-10-2018 10:42:48
Application Details
Office: Mumbai R.O Department: DEPOSIT ACCOUNTS
DEPARTMENT
Section: MISC. SECTION
Application Under process With
Office: Central Office Department: DEPARTMENT OF BANKING
REGULATION
Section: ADMINISTRATION
Subject: To stop withdrawal slip use for transaction for saving and current accounts of all banks.
Questionnaire:
Application Details We now strengthned issues about cheque transaction under law. Now to overcome
passbook related frauds please make it mandatory to withdraw money from banks
accounts through individual issued cheques only. Stop transactions through withdrawal
slip. Bank should charge 1% for each foil cheque transaction on transaction
amount.Issue cheque books to all customers as per present guidelines.All other
withdrawl procedures will remain same.
Final Remarks
Disposal Remarks Action Completed and reply sent,