Yesterday, we reported about an SBI ATM, which dispensed 4 fake notes of Rs 2000, which looked exactly similar but had “Children Bank of India”, “Churan label” and series “00000” printed over it. The investigator of this also experienced a similar thing in South Delhi’s Sangam Vihar ATM branch.
However, SBI has replied to this controversy and has said that this was some kind of prank played by pranksters. The bank said that in all its currency chests, a strong system is installed. Moreover, all notes, available at the branches or through the ATMSs have to pass through the “Note sorting machine” first.
Any doubtful notes are set apart so that the official can verify whether the note is fake or genuine. This is the reason why it is IMPOSSIBLE for fake notes to be dispensed from the ATM, said SBI.
SBI further said that the complainant didn’t approach the branch after this incident. On the other hand, there was a police official who himself tried withdrawing cash from the ATM and got fake notes.
As of now, that ATM is sealed for further investigation; the CCTV footage has been handed over to the police. Here’s the press release released by SBI;
It has come to Bank’s notice through media reports that some fake Rs.2000/- notes have reportedly been dispensed by SBI’s ATM at Sangam Vihar, New Delhi on February 06, 2017.
SBI has in place at all its Currency Chests a very robust system for monitoring the quality of notes. All notes received by the Bank and to be dispensed by the Bank, either through its ATMs or its branches, are processed through the latest state-of-the-art Note Sorting Machines. These machines are equipped with the templates of all legal tender in the country and any note not conforming to the security features is separated as ‘Suspect Note’ for further manual scrutiny. Thus, no fake note is likely to be dispensed through Bank’s ATMs at any time.
In the Sangam Vihar case, it is reported that the complainant never approached the Bank. However, media reports tell that the Police I/O has confirmed that his withdrawal from the same ATM resulted in the dispensation of a similar note confirming the allegation. This ATM has reportedly been sealed by Delhi Police for further investigation. The DVSS footage obtained from the ATM has been handed over to the Police authorities. Meanwhile, the Bank is examining the notes in all other ATMs handled by the same custodians of the Bank and replenished by the same Cash Replenishment Agency.
As the possibility of fake notes from Bank’s ATMs is very remote, the Bank suspects involvement of some miscreants with mischievous intent. However, further investigations are underway.
Investigation is going on currently; let’s see what the conclusion is. What’s your take on this? Do share your views on this in our comments section below.
