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About Widrawal of Credit Card Merchant Terminal

This is a discussion on About Widrawal of Credit Card Merchant Terminal within the Credit Card forums, part of the Loan category; Hi My Name is Ved Prakash Sharma, Proprietor of M/s Ved Medicos, situated at 5/81 DDA Flats Madangir, New Delhi. ...

  1. #1
    oshoanam is offline Junior Member
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    Default About Widrawal of Credit Card Merchant Terminal

    Hi
    My Name is Ved Prakash Sharma, Proprietor of M/s Ved Medicos, situated at 5/81 DDA Flats Madangir, New Delhi. I was using credit card merchant terminal of ICICI bank since last many years. and all these years all the transactions were very much clear and without any dispute what so ever without exceptions.
    But one day some representative of the bank come to terminal premises and ask for the terminal machine and said ICICI bank has discontinue your terminal so you have to give the terminal machine back to me. i was shocked because there was no letter or any prior information about this step from the bank side to me. I am as a customer of the bank has the right if bank is going to change or stop providing his services to the customer and more over a part of my business is partly dependent on the terminal provided by the ICICI bank. By revoking the terminal without prior information caused me a big financial losses.

    Please take note of this compliant.
    Please let me know how and what is the processing are taking place.
    I am ready with all other information which might be needed if it proceed.
    Thanks
    Ved Prakash Sharma

  2. #2
    advocate's Avatar
    advocate is offline Moderator
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    Dear Mr. Sharma,

    To sort out such kind of Banking complaints, you will have to send a written complaint to the Head Office of the concerned Bank and wait for the response for near 15 to 20 days. If the Bank fails to provide you any help in that time frame then you can send your written complaint to the RBI.

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