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Fake Notes in ATMs
I have heard about people getting fake/torn notes in ATMs. The best way is to always check the money you have drawn and when you find a torn/fake note to atonce contact the bank from the ATM center and ask for someone to come and verify and vouch for your transaction, so that you can get your money replaced.
Here is a story that I got via email on this (It was passed to me via email and not directly from the person who had the experience and so I cannot vouch for the validity of the same)
This is Regarding Fake 500 note in ICICI ATM Center(Prestige Poseidon,MG Road Branch, Bangalore)
I am Nageshwar Rao working for MindTree Consulting. I had drawn money in ICICI MG Road Branch to deposit in my Dad's account.
I went to DCB to deposit the money. Unfortunately in the notes i had given, one 500 rupee note is a fake note it seems. Moreover it was attached with tape(I mean to say it was a cut note)
They checked that note in some machine and said it was a fake note and they had written FAKE on that note and crumpled the note.
After arguing a lot with the Branch Manager, they had given me the note back(Because i told to them that i want to question the ICICI People and even i am ready to face any circumstance or i am ready to file a police case)
I went to the ICICI Branch(Prestige Poseidon) and told the issue to MR Mohan who is the Person Head in that branch.They asked me to go to ICICI Branch(Next to Central, MG Road)
I went there and introduced myself as MindTree Mind to the Person incharge for ATM Mr Uday and told about the issue.
They said they are not responsible for such things.
They asked me what is the proof that i had drawn that note from their ATM??
I told them clearly that, no one can provide such proof's, and told them to check whether i had made a transaction or not and also if Possible to track the notes they kept at that time.
They said they dont keep track of the notes they put in the ATM, but they will manually chech the notes before putting them in ATM.
They said they will only TRUST their Employees and thier Machines, not the Customers.
They are not at all accepting the facts that such notes will come in ATM's.
Now, Who is Responsible for this. Ultimately i am the loser and i am the sufferer as Rs. 500 is definitely a lot valuable for me, to all. What can we do & how can we know the Fake Notes??
Also the ICICI People told that in their ATM's only new notes will come. So Please Friends, when u r collecting money from ATM's do check whether they are new notes, otherwise inform the Branch Manager.
May 21, 2005 in Consumer Awareness | Permalink
Comments
Hi,
I also have faced the fake note problem, I withdrawn some money from HDFC ATM and went to ICICI bank to transfer some fund in my friend account, ICICI people told me that this note is fake, i moved back to HDFC and these guys aren't accepting that its their note.
They says that they always check the notes before putting it in the ATM machine, and asked me to prove that this note was dispensed by their ATM, how can i (or anyone) prove that, do the bank keep the note number before putting money in the ATM machine.
Sadly, it seems there is no way out... i am frustrated...
Posted by: A | Nov 21, 2005 11:29:03 AM
hi
i have also face the same problem.i withdarawn 17000 thousand from SBI branch and to went to deposite it in ICICI branch.the ICICI accountant said me that one of my 5oo note is fake.
no sbi and ICICI people believe on me for this.
Posted by: srivastava | Jun 12, 2006 7:14:27 AM
i also got a fake 500 rs note from ICICI ATM IN CIVIL LINES ,ALLAHABAD .i come to know fact when i paid it in mall and after UV LIGHT TEST they simply said my note is fake ,i didnt belive it i saw my self it was not responding to uv test.
YOU KNOW WHAT ICICI BANK WORK FORCE MAY BE WORKING FOR WORKING FOR SOME FAKE NOTE RACKET.
BANK WORKERS ARE MAKING EASY MONEY THIS WAY .
ANY ONE DO SOMETHING LEGAL TO STOP THIS .I WILL TRY WHAT EVER I CAN DO ..IF YOU ARE A LEGAL EXPERT THEN CAN HELP US/ME !
YATINDRA DUTT +9450607031
Posted by: yatindra dutt | Aug 9, 2006 6:48:31 PM
i also got a fake 500 rs note from HDFC ATM IN KADAVANDRA ,ERNAKULAM .But I didn't checked that at the same time. Saw that only next day. I reported to the branch office, then employees told me that they are 100% sure, that note , not form their ATM.
what to do, They also told 3 or 4 four people thoroughly checking and counting this notes before place into ATM.
Actually this Fake note racket also in all banks. not only ICICI, but also HDFC, etc.
Posted by: vijay | Jan 16, 2007 10:35:25 PM
Hi Friends,
same problem is here with me through HDFC Bank-Noida,
HDFC ATM Dispatch Rs 500 Fake note but Bank officials does't want to believe it. Friends all the system is corrupted then what should we do, I think they are inviting us come and join our fake note racket, otherwise loose ur money.
(Friends if you wants to do something against this nonsence i am always with you in this fight.)
regards
AK Singh
09911225493
Posted by: AK Singh | Feb 14, 2007 1:03:38 PM
Hi,
This is from Velachery UTI ATM.
They asked me what is the proof that i had drawn that note from their ATM??
I told them clearly that, no one can provide such proof's, and told them to check whether i had made a transaction or not and also if Possible to track the notes they kept at that time.
They said they dont keep track of the notes they put in the ATM, but they will manually chech the notes before putting them in ATM.
They said they will only TRUST their Employees and thier Machines, not the Customers.
They are not at all accepting the facts that such notes will come in ATM's.
Now, Who is Responsible for this. Ultimately i am the loser and i am the sufferer as Rs. 500 is definitely a lot valuable for me, to all. What can we do & how can we know the Fake Notes??
Also the UTIPeople told that in their ATM's only new notes will come. Its not true. I am getting old notes too. See basically the currency is rotation, because ATM is not the one to print the notes , so why not the ATM will release the second hand currency.
The ultimate solution is, ATM should have an inbuilt machine to find fake notes.
Posted by: Murugan | May 22, 2007 3:28:52 AM
Hi,
This is Soorya from Bangalore.
I received a fake currency note of denomination Rs.500 on date 29/05/2007 in Deutsche Bank ATM in Jayanagar, Bangalore. I filed a complaint with the Bank.
Please be aware of this problem while drawing money from ATMs.
Posted by: Soorya | Jun 4, 2007 3:17:09 AM
same here,but this time it was the money from Post office at Giridih,Jharkhand