State Bank of India - Cash debited from SBI SAvings A/c but not dispensed on ATM withdrawal
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Complaint by: Agnes R on August 28, 2009, 4:07 pm in Banking and Finance

I hold a savings bank account with the SBI Bank Mudfort Branch, Secunderabad-9. My account No. is 303********.
On the 2nd of June 2009, I had made a transaction at an ICICI Bank
ATM no: S1CW 3995 at (around 19:00 Hrs).
The amount that I wished to withdraw was Rs.5000, but the ATM machine
did not dispense the money.
On checking my online account status I discovered that the amount was promptly debited from my savings accounts. The transaction code recorded for this withdrawal is as follows:

ATM WDL: Dated 02/06/2009
6220 1807 11100144619 681 S1CW3995
Transaction code that appeared on the slip was: 070
“Transaction decline Unable to process”

Owing to the loss of cash I had also submitted a written complaint to the Branch Manager SBI, Mudfort for which I have received an acknowledgement and
a RD No: 2655959, that was sent to SBI customer service dated 4/6/09.

I was told that the entire process will take about a month’s time.
Unfortunately no action has been taken to this day.
I hereby request the faulty transaction made by the SBI Bank/ATM machine may be rectified and my money be credited back to my savings account at the earliest.

I have noticed that mine is not the only isolated case but many other unassuming customers have been fleeced due to such faulty transaction by the Bank.

I request prompt action and credit of the cash falsely debited.

Complainant's Goal: I request prompt action and credit of the cash falsely debited from my Bank A/c.
Complainant's Target: State Bank of India
Complaint Location: IndiaSecunderabad
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Wed, 02 Sep 2009  Message from iComplaints.in Helpdesk

An email communication has been sent to State Bank of India on September 2, 2009, 2:41 pm