Off-site ATM authorisation expanded: banks may offer all products via ATMs if technology permits and fraud controls are in place. Banks may offer the full range of products and services through ATM channels provided technology permits and adequate controls are implemented to prevent misuse and fraud; off-site ATM deployment continues under the conditional framework established by prior branch authorisation guidance, without the need for case-by-case permission.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Off-site ATM authorisation expanded: banks may offer all products via ATMs if technology permits and fraud controls are in place.
Banks may offer the full range of products and services through ATM channels provided technology permits and adequate controls are implemented to prevent misuse and fraud; off-site ATM deployment continues under the conditional framework established by prior branch authorisation guidance, without the need for case-by-case permission.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.