ATM Transactions

Lone warrior..!! (Article Assistant) (623 Points)

06 July 2010  

 

The govt has approved for max 5 transactions for using debit cards in other Bank’s ATM’s, is just a balance enquiry considered as transaction or not?

After making balance enquiries 5 times, will my 6th transaction whether withdrawal or Bal enq be charged??

 

(My opinion Transaction happens only when there is an event of giving & taking between 2 parties)