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AU Wallet Capping

AU Bank has put a limit on only 40k for wallet loads.

Aren’t banks supposed to give 30 days notice?

View attachment 56730
Noice 👌🏻 thenks

Wallet loading isn't feasible these days. They should also stop rent payments and education payments via 3rd party apps.

Then they should go a step ahead and close their credit card business too.

Who the f**k are you to post trxn limits ? Hadn't you done credit review before sanctioning credit limit. Review them periodically, and fix out the rotators/abusers.
 
From PNO

As per the bank internal policy customer can initiate a single transaction of amount INR 5000/- or within that and cumulative transactions of INR 20,000/- on wallet MCC: 6540 within a day.
This has probably changed now.
I am able to do 5k+4.9k wallet txn. After that 4.8k is not even going through.

Maybe tomorrow will be able to do more.
 
PZ wallet load using AU LIT gives 10x/5x RP. Enjoy the offer!
 
How do you utilize these wallet amounts? Like If I want to transfer this back to my own accuont using a business merchant account, they will be marked as business income and then tax complications. How do you do it if not genuine spend?
 
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