Yes Bank debit cards can be used at other banks also

Source : IANS
Author : IANS
Last Updated: Mon, Mar 9th, 2020, 13:23:15hrs
Yes Bank debit cards can be used at other banks also

New Delhi: Yes Bank announced late Saturday that its debit cards can be used for withdrawing cash at other bank ATMs also.

The move comes after long queues were seen at Yes Bank ATMs and branches and numerous complaints by customers that they were not being able to withdraw any money.


Earlier, the government had announced a moratorium that only up to Rs 50,000 can be withdrawn.

"You can now make withdrawals using your YES BANK Debit Card both at YES BANK and other bank ATMs. Thanks for your patience," the bank said on Twitter.

The recent crisis on Yes Bank has revived the memories of demonetisation which brought the whole nation into queues outside the banks and ATMs.

People were seen standing in queues outside the ATMs to take out their hard earned money which has got locked up with the bank following the crisis.

"The bank shut down suddenly and it was announced that only 50, 000 can be taken out. When I tried to take out cash from other bank's ATMs, the attempt failed. Now, I have come here to see if I can take out the money from here," said Krishna, standing outside a Yes Bank ATM in Sector 18.

Speaking to IANS, Anil, said: "It is a time of difficulty as we are facing a lot of problems because of the lack of cash as it is becoming problematic in fulfilling our daily needs.

"However, it's not exactly same as that of demonetisation but it has brought back the memories of the dark days."

Another person standing outside the Yes Bank ATM in Sector 18, Noida, Rahul, said: "I am so disturbed as I cannot even take out my salary. I am not able to pay my house rent and because of this it becomes embarrassing to face my landlord."