What to do when you get fake currency notes from ATM?


The curious case of counterfeit notes getting emitted from the ATM machines is on major rise. Notes of 500 and 1000 are prone to get duplicated more than any other notes. Never leave an ATM without checking your currency as you can easily bring the issue to notice, whereas if you realize later about the notes you won’t remember from where you got them from.

If ever you get fake currency notes from ATM, do not panic. Do this instead.

Tell the ATM guard
Because the ATM guard has a register where you can note down the note’s number, transaction id number, date and time. You must then take a picture of the complaint and then show it to the nearest bank branch whenever you get fake currency notes from ATM. Do not in any case, throw away the withdrawal receipt and the message.

J&K Bank ATM machine stolen in Budgam village

Bank upon the bank
Once the bank takes notice of the fake note, it will scan the note. If it is a fake note, then it would be taken to the bank chest and destroyed. The bank will then return the specific amount which was withdrew as fake. If the bank turns a blind eye, you can straight away go to the RBI. Email RBI about the withdrawal and about the bank’s ignorance.

Register a FIR
You can also seek help from the police by registering the details of the withdrawal. The police will then look into the matter and investigate the aforementioned problem.

Editor's Note

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