ATMs not to be replenish after 9 PM from February 2019: Home Ministry

ATM's not to be replenished after 9 PM from February 2019: Home Ministry

ATMs will not be filled with cash after 9 PM in cities and 6 PM in rural areas from February, 2019 as per the new rule by the Home Ministry. The ATMs in Maoist areas will be refilled last by 4 PM.

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The private cash agencies must collect the money from the banks in the first half of the day and transport the notes in an armored vehicle with gaurds. In the notification, the Home Ministry also said that the new Standard Operating Procedures (SoPs) would come into effect from February 8, 2019. These notifications are regulated keeping in mind attacks on cash vans, cash vaults, ATM frauds.

“No cash loading of the ATMs or cash transportation activities shall be done after 9pm in urban areas, after 6pm in rural areas and before 9am or after 4pm in the districts notified by the central government as Left Wing Extremism affected areas,” the notification said.

Every van carrying cash will be secured by two gaurds- one armed gaurd will sit in front with the driver and the other will be in the rear portion of the van, one driver and two ATM officers or custodians.

Every cash transportation shall be carried out only in secured cash vans fitted with GPS tracking device and it must be ensured that no cash van carries cash of more than Rs 5 crore per trip.

No private security agency shall appoint anyone for the cash transportation unless the person has undergone thorough antecedent check like police, Aadhaar and residence verifications, previous employer check, credit history check and fidelity insurance.

A security alarm with GSM based auto-dialer shall be provided with a motorised siren. Each of the cash boxes shall be secured to the floor with separate chains and locks that can be opened only by using separate keys kept with different custodians.

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The cash van shall be provided with a small CCTV system with at least five days recording facility and three cameras installed in front, rear and inside of the cabin.


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