![Avoiding ATM faux shutter fraud: Why some ATMs will now retract money as per RBI mandate Avoiding ATM faux shutter fraud: Why some ATMs will now retract money as per RBI mandate](https://i2.wp.com/static.toiimg.com/thumb/msid-116006036,width-1070,height-580,imgsize-45404,resizemode-75,overlay-toi_sw,pt-32,y_pad-40/photo.jpg?w=600&resize=600,400&ssl=1)
Avoiding ATM faux shutter fraud: Why some ATMs will now retract money as per RBI mandate
ATMs are outfitted with a mechanism that routinely retrieves unattended foreign money notes. (AI picture) ATM money retraction new guidelines: The Reserve Financial institution of India has now partly reversed its January 2012 directive that had mandated disabling of money retraction in ATMs. The unique choice was taken to stop fraudulent actions at ATMs.ATMs are…