UBI and ICICI Dont Work Well Together
Posted On Tuesday, March 31st, 2009 By Ravi
In one of my earlier posts, you might have noticed that I bank with Ubion Bank of India and SBI only and not with the private banks. Well, unfortunately, when I need cash, I have to turn to the private bank ATMs only that are close to my house, and since UBI is already offering free withdrawals from Otherbank ATMs, I usually prefer to withdraw cash from my UBI account. A few days ago, when I tried to withdraw Rs 5000 from my UBI account thru an ICICI ATM close to my house, the ATM waited for sometime and spat out the card saying that there was a network error. When I fed the card again, I found that Rs 5000 which I had entered previously has been deducted from the account and I have nto received cash. I have learned about this in an RDBMS paper in college. Money gets deducted from one account and doesnt get transfered to another. I approached UBI and they said that since ICICI has swollowed my money I should approach ICICI and whe I went to ICICI, as expected, those bastards wont even notice that I am there after I told them my Continue Reading