The Cardless Withdrawal introduced in 25th July last year is now popular among customers, exceeding the transaction volume
Rs.41 billion for last few months. This new service offers BOC account holders a seamless and secure way to conduct cash withdrawals without a debit card at Automated Teller Machines (ATMs) and Cash Recycling Machines (CRMs).
This facility brings ease and absolute convenience to the customers in making cash withdrawals and conducting payments to third parties, in particular such a facility could become paramount in emergencies and other situation where the customer is not in possession of their debit card physically.