Article Analysis- 14 Mar 2018

SBI Toll-Free Helplines To Report Unauthorised Electronic Transfers

Dhyeya IAS | IAS, PCS, UPSC, Best Institute for IAS, PCS Exam Preparation

SBI or State Bank of India has informed its customers about telephone helplines they can use in case of any unauthorised electronic transactions. An electronic transaction or wire transfer refers to transfer of funds from one bank account to another bank account that occurs electronically, through use of computer-based systems without the direct intervention of bank staff. "If you are a victim of any unauthorised electronic transaction, notify the bank immediately. Call on the toll-free numbers mentioned below to get your #problem redressed at the earliest," SBI, the country's largest bank, said on microblogging site Twitter.