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  • Notice For Recovery Of Sms Alert Charges W

Get Notice For Recovery Of Sms Alert Charges W

NOTICE FOR RECOVERY OF SMS ALERT CHARGES W.e.f. 01.04.2016Presently Bank is sending SMS alerts to all customers where mobile number is registered. Following are transactions / events for which bank.

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RBI had directed banks to send mandatory SMS alerts for transactions through debit card, for ATM cash withdrawals, NEFT and RTGS transactions once funds are credited in the beneficiary account; and these are non-chargeable. Alerts for all other transactions are chargeable under RBI rules.

Others are attracts a rate of N500 per request. Fee for Short Message Service (SMS) mandatory alert is based on cost recovery from previous maximum charge of N4. Bill payment via e-channels will attract a maximum charge of N500 from 0.75 per cent of the transaction value subject to a maximum of N1, 200.

You can use SMS to make sure customers know when a payment is about to be withdrawn if they're using automated payments. Likewise, if a payment is coming due and it's not automated, you can notify the customer via text that they will need to make that payment soon.

Service Charges 20 Paisa/SMS+GST with a cap of Rs.15+GST per month. (Charges will be debited in every succeeding month)

SMS alerts are based on your account activity only. You need to login to Internet banking to set or update alert s for an account. However please note that if your account is inactive /dormant or closed, you may not receive SMS alerts.

Click on “account-preference management” Select “transaction notification preference” Check or uncheck the options based on your preference and click on save.

Click on “account-preference management” Select “transaction notification preference” Check or uncheck the options based on your preference and click on save.

SMS Alerts: Over the past month, almost all banks have begun to charge for SMS alerts on transactions. Axis Bank sent an SMS to its account holders which states that “From 15 June 2013 this (SMS banking) service will be charged Rs5 per month”. ICICI Bank is charging Rs15 per quarter.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232