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In a bid to hasten the process of penetration of pre-paid instruments,[url=http://woolrichparkaschweiz.albirank.net/][b]Woolrich Online Shop[/b][/url], the Reserve Bank of India said that banks may issue debit cards, including co-branded an atm card,[url=http://duveticaouterwear.blogspot.com/][b]duvetica outerwear[/b][/url], without seeking prior approval from this.
The RBI also prohibited banks from issuing offline-debit cards,[url=http://duveticaukoutlet.halod.com/][b]Duvetica Jackets[/b][/url].
which are issuing offline an atm card may conduct a review of their offline debit card operations and discontinue operations of such cards inside a period of six months,[url=http://giuseppezanottichainsandals.olimx.com/][b]giuseppe zanotti sandals[/b][/url].
may issue only online an atm card, including co-branded an atm card, where there is an immediate debit towards the customers account, and where straight-through processing is involved,[url=http://duveticaitaliaoutlet.webmium.com/][b]duvetica jackets[/b][/url], RBI said.
CUSTOMER PRIVACY AND PROTECTION
Inside a move which will stop the concept of banks pestering customers using their credit card offers, the central bank ordered that banks shouldn't dispatch a card to a customer,[url=http://woolrichoutletde.albirank.net/][b]Woolrich Online Shop[/b][/url], unless solicited.
In the case of lack of card, the client must inform the financial institution immediately.
To encourage quick blocking from the card in the event of loss,[url=http://peutereyoutletitaliaonline.olimx.com/][b]Peuterey Outlet[/b][/url], the RBI said,[url=http://woolrichparkaschweiz.albirank.net/][b]cheap woolrich winter[/b][/url], cardholder shall bear the loss sustained up to the time of notification to the bank of any loss, theft or copying from the card but only up to a certain limit (of fixed amount or perhaps a percentage of the transaction agreed upon ahead of time between your cardholder and the bank),[url=http://duveticaukoutlet.halod.com/][b]Duvetica Down Jackets For Men[/b][/url], except in which the cardholder acted fraudulently, knowingly or with extreme negligence.
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