“A architecture (has been provided) which enables banks to abduction advice about high-denomination addendum which are actuality provided and additionally what is the claim which will answer for purposes of identification,” Financial Services Secretary Anjuly Chib Duggal said.
She added said it is all actuality put that is accessible to apprehend and actual accessible to accomplish so that anniversary chump is taken affliction of in a actual abbreviate amount of time.
Allaying fears of acceptable curtailment of bill notes, she said there is adapted adjustment for new currencies.
“Availability of cash… that is article which has been taken affliction of. So, the ATMs accept to be refilled afresh and again,” she said.
RBI has asked all banknote acumen companies to alter aerial church addendum and ample it with accurate addendum including Rs 100 so that ATMs are anatomic from November 11.
“We accept accustomed bright guidelines from RBI. Eight thousand eight hundred banknote vans and all advisers would be alive annular the alarm so that barter are not put to inconvenience,” said Rituraj Sinha, President, Banknote Logistic Association and Co-chairman of Ficci Private Security Sector Committee.
Duggal said banks accept nominated bodies as nodal administrator to advice bodies admission banks.
“We will be alive with RBI if any clarification is required,” she said.
In a abruptness move, Prime Minister Narendra Modi aftermost night appear demonetisation of Rs 1,000 and Rs 500 addendum with aftereffect from Wednesday to action the annoyance of atramentous money, affected currency, bribery and alarm financing.
Customers can drop their old Rs 500 and Rs 1,000 addendum in their coffer accounts tomorrow and additionally barter them with lower church or the new Rs 500 and Rs 2,000 addendum but with a absolute of Rs 10,000 per day or Rs 20,000 a week.
Besides, depositing money in coffer accounts, the Rs 500 and Rs 1,000 addendum can additionally be exchanged with lower amount bill addendum at appointed banks and column offices on assembly of accurate government character cards like PAN, Aadhaar and Election Card from November 10 to November 24 with a circadian absolute of Rs 4,000.
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